Winspear Diaminds (Bulls Board) Message Board

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Gold/Mining/Energy : Winspear Diaminds (Bulls Board)

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To: teevee who wrote (53)	1/31/1999 5:28:00 PM
From: freddy	Read Replies (1) of 1172

Hi TEEVEE,it takes forever to reply when you only use two fingers,can't spell and don't have a background in Geology.However,I do follow Winspear with great interest and believe they have got a legitimate shot at meeting peoples wildest expectations. The NR showed results which in my opinion confirm substantially higher grade [higher than 1.14 ct/ton] on a consistent basis over a broad area.Specifically, the CF results from drill core on the NW Dyke showed that the 3 largest stones had a grade of 1.58817 ct/ton and they were the best of 44 stones measuring greater than 1.18mm X 1.18mm which is the commercial cut off for the WSP project.Would you care to hazard a guess on the grade of the 44 largest stones? I attended the presentation on thurs. at the "roundup" by M. Thurston.The work he is doing "Geostatistical Analysis/Microdiamond Analysis of Diamondiferous ore bodies" lends itself perfectly to the WSP project at Snap Lake.He co-presented the NR on tues. with Winspear to a group of approx. 40 people composed of NL writers, Mining Analysts, the WSP Directors and Interested Others. "In my opinion",the work he does will be at the root of the "predictive model" used to tie together CF Results and expected "course diamond recovery".There sees to be a strong correlation there now but,further work required. Malcolm Thurston will be attending Institutional presentations in Toronto with Winspear and will no doubt add credibility to the prospects of the discovery.I believe Winspear goes on from there to Europe for more Inst. presentations.I don't know if MT attends those and I'm not sure of the timing of all of this. I don't think it will take RTZ or DeBeers to be buyers in order to move the stock up from here.I believe the numbers are evident and only a small leap of faith and a little more understanding than the market is used to will be required to become a buyer.The buyer will be smarter and have more money [INSTITUTIONS].The stock will move into stronger hands as we go,supply will tighten,any good news will move it dramatically higher.

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