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Gold/Mining/Energy : Winspear Resources

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To: Andrew who wrote (12200)1/16/1999 4:31:00 PM
From: Gord Bolton  Read Replies (2) of 26850
 
There is absolutely no reason to believe that this was damage control. The news was expected and some of the same people who were looking for news seem to be grumbling about it. If there is anything required in a major exploration program it is patience and knowing ahead of time that there will be share price fluctuations on news and in the absence of news. If you have faith in the people, the company and the project you buy on the dips and sell some on the liquidity peaks if you choose. The 200 tonne sample was done to get a macro diamond distribution count and curve. We have it and it looks fantastic--too good to be true for some- but fully backed up by the data base. The exploration program is proceeding very robustly. If the 6000 tonne sample provides expected results we are on the fast track to an operating mine. The project has fantastic upside potential. If anybody wants absolute assurances, take your chances with T-Bills and hope there is not too much inflation.
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