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Gold/Mining/Energy : Winspear Resources

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To: E. Charters who wrote (6117)6/21/1998 5:06:00 PM
From: George J. Tromp  Read Replies (3) of 26850
 
Seeing one cant assume much of anything in the resource sector.,
let alone valid information., I am hoping for sufficient tonnage on the
land based aspect coupled with high valuations to motivate tonnage
delineation and swissly cheesed expansion in the lake. Dicey yes.,
but possible. The largest thickness in the intitial 11 holes was 5 meters with aver. intercept wts to 2.47. How would I develop the economics., first if the sampling indicates economics., I would drill the
hell out of the North South extentions proving the most tonnage on
land based fronts. In the meantime I would delineate the area from
S.E. boulder area north to 186 in both easterly and westerly directions
along fault lines. And I agree., RC high speed drilling of the area
immediately N and E of the S.E. Boulder area.
If a sill complex similiar to N.W. Penninsula exists on parallel faults it
may be intercepted by RC Drilling. Like most Juniors drill til the area
cant hold water or the caribou start wearing snowshoes. Which ever
occurs first either., they prove ecomomics or go bust. Pull those 8.,
10., 11 carat stones out and cash them in for Drill rigs., barter those
stones to the drillers., and let the biggest stone dictate who operates
the best rigs. Pull up one of those Beck rigs that utilizes dual wall
drill pipes., high pressure air 5000ft/sec extracting the sample directly
into cyclone collection units. Samples returned from drill bit to to surface in less than 1second. Who gives a shit whether it is gravel texture., or perfect cores.., the diamonds are there lets get the kimberlite up as fast as possible.
Oh say can i see by the dawns early light where so proudly we hail
it was diamonds at first sight.
On Dasher on Beck., RC night., RC bright., kimberlite is king.
nothing else matters., save the shareholders and all the rest., bla bla
bla bla bla
Speed has not been Winspears forte., but rather its nemesis.
The first step I would take is to move the geologic focus from starting
in March and April to Jan and quit wasting valuable time. I would start
drilling the N.S.extention land based immediately upon mini-bulk results. No large rig necessary., seeing the deposit trends in depth towards the lake. Have the large rigs ready to move on 5ft of ice.
Start RC Drilling East and North of the boulder train., while plunking
a 3rd rig to check N.S linaments either side of a line from S.E. train
to 186. Take the 5mil and put it to work., confidence can be reachieved if they so desire so challenge us all in mind and spirit.
Sincerely
George J. Tromp
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