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Gold/Mining/Energy : Winspear Resources
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To: Walt who wrote (12804)1/20/1999 2:52:00 PM
From: mineman  Read Replies (3) of 26850
 
Noone's explained reasons for this difference so I'm re-posting!

Cts. --- U.S.$ per ct.

10.8 --- $1,500
8.4 ---- $3,000
6 ------ $1,500
4.6 -- less than $50
4.2 -- less than $50
3.5 -- less than $50
3.2 -- less than $50
3.0 -- less than $50
2.6 -- less than $50
2.4 -- less than $50
2.2 -- less than $50
1.9 -- less than $50
1.9 -- less than $50
1.8 -- less than $50
1.7 -- less than $50
1.6 -- less than $50
1.5 -- less than $50
1.4 -- less than $50
1.4 -- less than $50
1.3 -- less than $50
1.3 -- less than $50
1.2 -- less than $50
1.1 -- less than $50
1.0 -- less than $50
1.0 -- less than $50

Carat weights from 4.6 to 1.0 are estimated as management only said they recovered 22 stones from 1 to 5 carats averaging 1.9 carats.

Management did not say any of the 22 stones were "gem" quality which means they were all valued at under $50 per carat!!

Management should explain why they believe this type of discrepency exists!!!
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