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Gold/Mining/Energy : Winspear Resources

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To: Patrick Laflamm who wrote (5865)	6/5/1998 9:31:00 AM
From: Patrick Laflamm	Read Replies (1) of 26850

Good morning, Winspear is definitely a bust "pipe" wise. Two extensive exploration programs lead by a very knowledgeable group of geos and no source found! My guess is that it will never be found. Regarding that bulk system... Using the famous (minuscule) sample that was taken a couple of years back we can easily extrapolate the following numbers: 3 mil. possible tons of Kimberlite 3-4 possible carats per ton 12-14 mil possible carat reserve $US 75-100 possible value per carat I am not a Geologist but THAT SURE LOOKS LIKE A VERY PROBABLE ECONOMIC RESERVE to me! Why doesn't anybody see that?! I would really like to have Ms. Thomas opinion on this! Anyway, investors don't believe in it, Aber does not believe in it and WSP MANAGEMENT does not believe in it... I guess we'll have all the answers in 3 weeks, :-( :-) ??? Good luck to all, Pahww

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