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Gold/Mining/Energy : Winspear Resources

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To: peter matson who wrote (4468)12/16/1997 6:00:00 AM
From: George J. Tromp  Read Replies (1) of 26850
 
HI Peter: Just a note on Gerle. They are a serious explorer in the NWT., the victim of complex geology as well. Gerle is in a nice
arrangement with DeBeers., as long as DeBeers views their property
with potential money will be spent to prove up the sources. A naked
pure diamond exploration play.. If they hit next winter., likely a trading
halt. Probably some upside as the winter program is released., but
the market wont pay up significantly until a source is delineated.
Just an opinion, Peter.
George
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