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Gold/Mining/Energy : Winspear Resources

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To: Sam who wrote (8970)	10/29/1998 7:10:00 PM
From: Chad Barrett	Read Replies (1) of 26850

.Trev and donkeyman.. thanks for the sites! Sam, unfortunately I wasn't following Dia-Met closely when it made its run... so the one thing that I think would be very interesting to look at is the timing of Dia-Mets run up to $4.. and then to $8... and then beyond.... ? Basically, at what point where they in proving up their property? If they were at a similar stage as Winspear is at now then there is definitely a strong parallel that we can draw here. (ie. they were just starting to confirm the quality of the diamonds with preliminary $/tonne figures, preliminary estimates of the size of the mineable resource, etc...) However, if Dia-Met had done (or was waiting on the results from) a large bulk sample as part of a feasibility study, had officially determined the size of their resource, etc... then to get that kind of run and stability we might have a bit longer to wait? (I hope not... but... it is better to be realistic than to dream and lose...) Does anybody know what stage Dia-Met was at when it made its strong moves in share price? What kinds of news were they bringing to the market?

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