confluence,
"""I'd have to disagree with several things that you say:
1) WSP is no peer of Aber or Diamet. Once a mining decision is made, maybe, but thats about $150 million and a year or so away.""""
The single largest drill indicated resource and highest overall grade identified to date in the NWT with an in ground value of ~$6 billion...sounds like a peer to me....second thought..maybe your right....it is head shoulders above Aber and Diamet.....
""""2) WSP has a fissure/dyke, not a pipe. The pipes are key to lower mining costs, which greatly influences feasibility. And little blue sky, unlike Diamet which has many more diamondiferous pipes, and Aber, which has, well, Snap Lake.""""
WSP has a ring dyke or cone sheet. Pipes under lakes that require $250 million dykes, and pipes that are scattered over many miles of tundra are not cheaper to develop and mine(just look at the respective capital costs and operating costs)....also, the pipes are defined resources whereas the Snap lake deposit has obvious geological potential to be doubled or tripled in size.
"""3) In my opinion, with the volumes, the press, and the market effect, the market has recognized WSP.
4) I wouldn't be surprised to see money flow out of WSP into other diamond stocks, like MPV."""
I suspect that translates to the fact that you either sold and/or are short WSP and long MPV and you would like some liquidity in the stocks you own like MPV and SUF?....you aren't spamming us with your gibberish are you Confluence?:-))
""""5) Another point that many may miss is the fact that WSP will have to raise money for the next bulk sampling. This means another issue, which tells sharp traders that they can dump stock here and replace it later, likely with cheaper stock.""""
What are the warrants for? Do you count yourself among the "sharp traders" brotherhood?
"""Ask yourself what you would do if you were holding several million WSP shares, and new that they'd be coming to you for more money in the near future. Sell $3.50 stock and replace it with a $2.50-2.75-3.00 issue? You'd be an idiot not to sell.""""
So the insiders are idiots eh?:-))
"""But that's just my opinion. I'm still hoping the CF numbers don't disappoint, or look out"""
Opinions are best formulated on available facts, not pronouncements conjured up from your imagination. Hope is for those with faith:-)).
Good luck with your MPV and SUF.....you might need it:-))
regards,
teevee |
