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Gold/Mining/Energy : Winspear Resources

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To: Jim P who wrote (8447)10/16/1998 10:54:00 AM
From: Sam  Read Replies (1) of 26850
 
I clipped this out of a speach by one of our favourite letter makers .does anybody know who the loony tune is in this thread.
sam

As an example of the new attitude, consider Winspear Resources, which last June reported recovery of a spectacular diamond parcel from its Snap Lake kimberlite dyke. De Beers apparently has never heard of so many and such large stones recovered from a 200 tonne bulk sample, which averaged $343 per tonne. It thus was no surprise that one loonie tune who had fallen for just about every other Internet fraud floated the idea that the parcel had been salted with diamonds. When I asked management questions obviously designed to rule out fraud, John MacDonald did not flinch. The insiders of the four top frauds have all pleaded ignorance, and wear the crown of incompetence. No mining executive can today afford not to answer hard questions, or get the answers if the concern had not already been anticipated. The legitimate guys are not insulted, and nobody needs to be embarrassed to ask the questions one would assume the professionals would have investigated in the normal course
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