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Gold/Mining/Energy : Winspear Resources
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To: skelly who wrote (4045)11/17/1997 7:51:00 PM
From: George J. Tromp   of 26850
 
HI Skelly: I can agree with the context of that statement to the degree
it is highly unlikely MPV will beat Aber to production. Well lets see
MPV minibulk samples in 98., bulk samples in 99., evaluates the
stones during 2000.,completes feasability in 2001., starts construction later 2001 completes construction in 2002 and realizes cash flow in
2003. Well the permitting period you better figure 18 months., mine
construction 18 to 24 months. A stretch at five years most likely
my bet is seven.
George
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