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Gold/Mining/Energy : Winspear Resources

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To: Tomato who wrote (1844)5/24/1997 5:01:00 PM
From: George J. Tromp   of 26850
 
Tomato: Until more holes are defined as to the size., it is unknown.,
the EM probing may give us an indication to parameters of the deposit.
Visible diamond in the core, portends high counts., the other variable
being tonnage and dollars/carat. Abers general value in the 67.00/carat and NAV around 11Bil. The dollar/carat value can quickly
change these values in a multiple effect. So low tonnage high counts.,
and high carats/ton 150.00 to 250.00 can be extremely valuable. On
the other hand small tonnage with mediocre counts and minimum dollars
per ton., by itself may not warrant a mine., lots of variables and
still unknowns at this point., but nonetheless extremely encouraging.
What I will be looking forward in the next release., will be an indication of size and counts., particularly the ratio of macros over
1.00mm in size compared to the total macro count., Abers 154S best
drill hole encountered a ratio of approx 26%. If you recall 402Macro
were encountered with 112 being over 1.00mm in a 750KG core. The ratio
in the boulder samples were considerably better than that hole. If the
107M intersection is a reflection of the ratios found in the boulder
area., we are in for a ride.
I will try and dig up the tonnages for each of Abers pipes over the
weekend and post.
Sincerly
George
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