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Gold/Mining/Energy : Winspear Resources
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To: Rocket Red who wrote (21400)6/21/1999 1:01:00 AM
From: WillP  Read Replies (1) of 26850
 
Whatever.

I think the market is going to make a mistake no matter what it does. By the way...the $98 figure is bogus.

Remember the smallest commercial diamond is 1.65 mm.

I did a detailed breakdown about 30 minutes ago. Maybe go have a look there.

I do think the 301 was viewed as unrealistic by the market. The bottom line is value per tonne in any case.

Right now...the market deals with $181 (I say $193) and keeps the good possibility of a substantial increase in the back of their mind.

Before...the market dealt with $343 and knew it was not going to be sustained.

Regards

WillP
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