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Gold/Mining/Energy : Winspear Resources
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To: Rick the Vet who wrote (13363)1/26/1999 7:48:00 PM
From: E. Charters  Read Replies (4) of 26850
 
Wise idiot replies.

Yes you can claim .747 carat diamonds and all. That is part of the macro count.

The last time? Well in Kirkland Lake and in the Aber Core (3 carats). Kirkland had the highest hit rate in kimberlite of any area in the world. And they had lots of diamonds in core over .25 carats. Way back in 1986. KL only had large diamonds and unfortunately never saw a big enough bulk sample to evaluate it properly.

With 71 holes you could say that they may hit the odd larger diamond. This is not indicative of mineable grade however.

There is no indication from this work that there is a mineable deposit. It may exist. The factor to be cautious of is that its grade and value is very hard to prove without trial mining.

If you wish to hang on to your shares be my guest. If you wish to convince me that I should buy the stock, I remain unconvinced.

With the experience in geology and mining that I have had you would have to do better than merely throwing rocks at me to convince me that your convictions are educated. You could for instance let me know how the micro counts compare to other mineable deposits in the world of better than one carat grade and whether this is significant. If you do not know then I suggest you find out from an authoritative source and educate us all.

EC<:-}
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