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Gold/Mining/Energy : Winspear Resources
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To: .Trev who wrote (22602)7/7/1999 1:34:00 PM
From: dgz  Read Replies (1) of 26850
 
I suppose a mini-mill would provide a couple of good things.

1. A larger more reliable sample at little cost to the company
2. Some Cash flow ?
3. A chance of recovering a big honking diamond
4. A more convincing argument for the bank

The problem with this is I don't think they need any of these because:

1. The samples they already have are as large as any taken for the other mines
2. They don't need cash - they have lots and had no trouble raising any last time
3. Big honking diamonds are nice - but not a necessity
4. With Jim Pattison on board - they have enough credibility to convince a bank already. He just has to make a phone call to his banker and say "do it" and they will.
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