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Gold/Mining/Energy : Winspear Resources

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To: Rick Hawke who wrote (21073)6/19/1999 10:55:00 AM
From: Digger  Read Replies (2) of 26850
 
Front page of Edmonton Journal. SPARKLING SAMPLE FROM CAMSELL LAKE BRIGHTENS FUTURE FOR DIAMOND MINE.

The article notes 5542 carets from 3004 tonnes, compares global average of about $60 per caret with Winspear's $98.42. Regarding value per tonne, Ekati at $92, Daivik's over 200, one of the top in the world, and Winspear at $181.58, all in US.

Randy is quoted as saying funding is not a problem, still $8 million in the bank.

Remember all the earlier crap that the high value was bogus because it rested mainly with the big stones? Why the present crap about the low value per caret? This is because there are so many one to three caret stones, the greater number of stones, the LOWER VALUE PER CARET. All of the former crap was based on so few carets, not it is based on too many carets! Show me the reasoning behind this apparent lack of understanding. Don't go losing your money by selling now, you deserve a payoff after this long.
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