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Gold/Mining/Energy : Winspear Resources

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To: Alfonso Agostino who wrote (8861)10/28/1998 7:42:00 PM
From: Gord Bolton  Read Replies (2) of 26850
 
The news will be simple confirmation of the consistency of grade and the value per tonne. They may say that they can confirm more than 3.5 million tonnes--maybe 10 million. They will be drilling the bottom of the lake this winter looking for the pipe. By simple geometry using the direction and dip of the dykes they may have a very good idea where to look for a pipe. At least 10 million tonnes of kimberlite got pushed up through the earth's crust through some kind of hole and that hole will now be full of kimberlite.
If the bulk sample confirms consistency of grade and value > U.S. $300.00 this is a screaming buy to $6.00 pr share by very conservative estimates.(at 3.5 million tonnes)
Many will see much more value here depending on how much taxes one wants to pay, time frame for development, build plant?, truck to ABER?, rate of mining, etc. Good luck everyone. If you are in on good news don't sell for less than $6.00.
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