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Gold/Mining/Energy : Winspear Resources
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To: Rick the Vet who wrote (23025)7/16/1999 9:22:00 PM
From: MrsNose  Read Replies (2) of 26850
 
>>>>
Looks like at least the results are very uniform. This might avoid the larger
bulk sample and help show the market that we have 23 million tonnes of
ore worth $270 cdn.
That's still 6.2 billion dollars folks. And we still have blue sky potential.

at 67% interest and 10%NAV that's around $8 per share <<<<

I remember a couple of you guys doing a detailed account of how you arrived at these figures, just using gueestimates before the last bunch of results came out. I couldn't find them. Can you and maybe some of the others that did them, show how we arrive at the NAV that you have stated? Probably would be very close now that we have a larger sample and the results from the MRDI.

I think that it might dip a bit on Monday (not much though), and then start a climb upwards. It is going to depend on the analysts and how they portray these numbers, either as good enough for a mine, or lower than expected...it really depends on what the market was expecting though. I like the consistancy factor.

All the best,
Margie
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