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Gold/Mining/Energy : Winspear Resources

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To: Paul Bilecki who wrote (25013)	12/4/1999 8:13:00 PM
From: teevee	Read Replies (1) of 26850

Paul, From CSW: Author: teevee -- Date:1999-12-04 15:37:05 Subject: illigitimus non carborundum Diamond Willie, In an uncharacteristic expression of servility, DeBeers has bowed it's head in a show of deference to its South African political bosses by stating it will comply with the request to return it's hoard of specials to South African soil. Will DeBeers make a pre-emptive hostile move against Winspear before the market comes to appreciate that the Snap Lake deposit is a cornucopia of large and special gem diamond, with potential to produce at significant rates for the next half century or more? On the other hand, perhaps it is foolish thinking that DeBeers would like some geographic and political diversification in their portfolio of long life, producing diamond mines? regards, teevee PS: Are the three drill targets on Hilltop on 100% DSP ground or on the "checkerboard" where SUF has some interest? Should they find some pipes with grade as low as Kennedy Lake, they will still probably get mined because they are not under lakes and the ore could be trucked 8 or 10 miles to the Snap Lake mill.

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