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Gold/Mining/Energy : Winspear Resources

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To: Rick the Vet who wrote (9472)	11/16/1998 9:51:00 PM
From: Mr. Oil	of 26850

>>I think we have been led down the garden path a bit with all this news hype.<< Perhaps you are right about the hype part but as for being led down the garden path, I don't think so...not at least by WSP. I received an email explaining the purpose of the 500kg sample a few days ago and there was no hype or misleading info in the message from Sophie. The hype has been our(the collective well meaning but overly excitable share holders) own doing. The NR to come I believe will establish the total grades of the kimberlite taking into account both the 'macro' and 'micro' diamonds. Since we already have the macro counts the assumption I am making is that anything they find of the micros will ad to the CPT and provide a good model to compare the winter drilling core and bulk samples to. I don't think the NR will hurt the share value but neither do I think it will tell us anything more about the size of the resource. Just it's potential value CPT and $pt. It will take future drilling to prove up the volume of the resource and the ultimate $64,000,000 question...How big is it anyway? (Perhaps the question in this case is worth more than that)!!! With this likely meaning the share price will drift into the winter, I hope to ad to my holdings at lower prices. But for the bulls let me assure you I am not selling to buy back later...just in case I am wrong again ;) FWIW. Take Care! Ray

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