Diamondex: Winspear Restructured Exploration Offshoot Message Board

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Gold/Mining/Energy : Diamondex: Winspear Restructured Exploration Offshoot

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From: Paul Bilecki	3/9/2005 7:02:57 AM
	of 1283

DSP, PDAC UPDATE: Turner spoke at PDAC today at 2:40. CONFIRMED...KING PROPERTY BEING REVISITED. UBC IS undertaking further analysis of jointly funded modelling study by Debeers and DSP. DSP TO DRILL DEEP AGAIN ONCE FURTHER ANALYSIS COMPLETED. Spent most of his talk on the Lena West Project. He indicated jury is out on the augur drill results, but he stumbled when he said this. DSP was the lone wolf for this new Diamond Province, now DSP is surrounded by majors (debeers) and minors. He indicated that drilling would commence in April. Corporately he indicated that 20% of stock is owned by insiders, 20% approx. by the fund and institutions, for which a list was provided on a screen. I am blind, so dont ask who is on the list....That leaves 60% in Joe public's hands... He indicated DSP has low market cap, compared to other diamond exploration firms. Stock trades between .65 and .90 cents... He indicated that Dr. P..is on an exclusive contract for Canada with DSP and is very involved with Lena West...which is very similiar ground to Siberian Diamond fields. P.S. They are only looking for huge pipes that is why they did 300 metre fly over spacing.

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