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Gold/Mining/Energy : Winspear Resources

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To: L. D. who wrote (7262)	7/20/1998 10:39:00 PM
From: E. Charters	Read Replies (1) of 26850

Insulting management. How so? Your conclusion I am afraid. Never actually said a word about them that actually insulted them or implicated them. Your take on the geology is quaint. To say it is wide open is the same as saying there are indications and they haven't found it yet. Everybody's property is the same. I grant that lots of indications are there but that is the same as saying they could have exhausted them. It works both ways and one thing I have learned is no number of discrete "indicators" prove the source is right around the corner. This is the commonly held motherlode fallacy. It is not childish by now to not expect a mine. It is tragically easy to not expect it and it doesn't take special knowledge to do so but it takes experience. The truth is if a company attacks a property the size of this one for two straight years and comes up as negative as they have it may be that they are making a mistake spending so much time on it. Other companies have cast their net wider and found more. The diamond smuggler in Sask. serves to illustrate if 5 other scams in diamonds recently doesn't, that the source could easily be foreign. EC<:-}

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