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Gold/Mining/Energy : Winspear Resources

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To: Berry Picker who wrote (22239)	6/30/1999 7:43:00 AM
From: Confluence	Read Replies (1) of 26850

Hello Brian et al, Can anyone who attended the meeting last night post a general summary? And comment on news release dates? And the mining rate, very important to future value? What about the kimberlitic material? Is it homogenous across the deposit (CF testing should demonstrate)? If so, shouldn't the Pit 3 results come in at about the same level as Pit 4? If not, how much more work must be done? Over what timeline? What about the financing needed to bring Snap into production? Dilution/debt/partner? The recent posts have seemed somewhat less bullish, thought still very positive. Is there a general feeling of WSP having really good, but not quite blow-out numbers? I know that some will be disappointed by my questions, but they are very important to determining whether the big money needed to finance construction of a mine can be found quickly, or whether much more work (another season of sampling) will be necessary to prove to the money guys that Snap is economic, and not a very valuable deposit that just missed out on some key aspect. Thanks for any help anyone can provide! Good Luck, Confluence

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