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Gold/Mining/Energy : Winspear Resources

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To: peter matson who wrote (5553)	4/1/1998 12:55:00 AM
From: Walt	Read Replies (1) of 26850

When it comes to the price of a speculative stock the saying that "preception is everything" seems to be true. For some reason alot people see a dyke as not being very valuable or minable. A diamondiferous pipe they see as quite valuable. How does one change that perception. If and when WSP comes out with a feasibility study that says the dyke is valuable and minable then alot of peoples perception would change. If the diamond count from the dyke comes out great then some people will take notice but finding a couple really big valuable coloured diamonds would certainly help. That would get noticed. If and when WSP finds the source of the kimberlite breccias and where they vent to surface that would be a pipe and that would get alot of attention. Besides the Main Dyke WSP has found a number of smaller dykes and underground Kimberlite masses some of which could add to the tonnage calculation considerably etc. So when will the markets perception of WSP change is the big question and your quess would be as good as mine. One thing certain Snap lake and area is still a bit of a geological puzzle.

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