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Gold/Mining/Energy : Winspear Resources

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To: Confluence who wrote (23598)7/26/1999 3:08:00 PM
From: teevee  Read Replies (2) of 26850
 
Confluence,

"""my opinion that his math is just simply incorrect""""

Math is not a matter of opinion.....care to point out some incorrect math on my part? As for diferences in guessing the bulk sample outcome for pit#3, with the results of pit#4 in hand, the diference between your numbers and mine were simply a matter of relating the recovery of pit#4 to the CF results from Pit#1 & #2 to estimate the grade for pit#3 instead of using the CF results from blocks K-11 & J-11....but then you now have the benefit of hindsight (20:20) and have conveniently ignored that I had previously addressed that diference......there is a strong empirical aspect to exploration and either one set of CF data or the other were both valid to use in guessing the outcome prior to results....we now know which CF results appear to correlate with the bulk sample results obtained...as you are no doubt fully aware of these points, I question your motivation.....yesterday you stated that anyone who hasn't sold is an idiot...was that another demonstration of your incredible powers of hindsight, or was it meant to be some sort of provocation or another one of your rather glib "opinions" as a slick and crafty revisionist?

by the way, I'm long and will continue to hold this stock....today's action, I have been told is thought to be largely due to another Kaiser report suggesting that any money tied up in Winspear is dead money.....and given the strong demonstration of liquidity, It appears to me that there are many in addition to me who don't agree with JK's opinion....a hell of a buying opportunity which I have taken advantage of....what do you think SUF would trade at with over 800,000 shares sold before lunch time eh? I wouldn't be surprised to see WSP's share price back up sharply in the near future....be sure to let us know when you become a shareholder....

teevee
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