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Gold/Mining/Energy : Winspear Diaminds (Bulls Board)
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To: Andrew who wrote (121)2/1/1999 7:14:00 PM
From: D.R.A.  Read Replies (1) of 1172
 
Andrew,
Exactly what my analyst told me. I picked up some more at the end of the day. Thanks. It was posted either on this site or on wsp thread that an area of 400x400 (m) represents roughly 1 million tons of kimberlite or orangite. Has anyone done a rough calculation of tonnage, assuming continuity of thickness and continuation under Snap Lake, from what has been drilled to date. Since wsp is looking to prove up to 10 million tons, where could the blue sky end. One other question. At what point would the increased tonnage stop adding to shareholder value because of the time frame to mine it? (is that possible?)

thanks in advance,

DRA
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