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Gold/Mining/Energy : Winspear Resources

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To: The Fix who wrote (12129)	1/16/1999 3:39:00 PM
From: Intrepid1	Read Replies (2) of 26850

ICE.com to market Snap Lake Diamonds over the Internet Winspear Resources Ltd (WSP.VSE) Shares issued 333,721,333 Jan 15 close $3.18 Sat 16 Jan 99 Mr. Randy Turner Reports: Winspear is pleased to announce the future unveiling of a new E-Commerce web site which will market Snap Lake diamonds over the Internet. The site called ICE.com will be online sometime in the next millennium.Winspear has chosen to directly market its diamonds over the Internet in order to bypass the monopolistic Central Selling Organization operated by DeBeers. Management is also convinced partial fundamentals alone cannot dramatically enhance shareholder value. It believes the news of its future web site will attract those carefree masses of Internet investors who have courageously driven up the share prices of Internet wonder stocks such as Yahoo, Amazon and K-Tel. During a secret test marketing of the “beta” site, 100% of the female subjects actually preferred buying diamonds from the privacy of their home computers. The ladies just loved browsing through the high resolution online catalogue, finding the perfect diamond, then simply “pointing”, “picking” and “clicking”. The ICE.com concept (along with most other Winspear concepts) was developed by AOL Diamond/Internet Guru - George U. Grump. According to Mr. Grump, “ ICE.com heralds the beginning of a new era for Winspear. Anybody who disagrees with me and wants to start some sht lets get with it.” Based on the successful test marketing and Grump's growling endorsement, Winspear will accordingly re-direct the funds originally slated for this year's 6000 ton bulk sample and utilize them in the development of its new web site. On behalf of the Board Randy Turner The Vancouver Stock Exchange had never heard of this Press Release and has neither approved nor disapproved of the way Winspear runs its market.*

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