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Gold/Mining/Energy : Winspear Resources
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To: Walt who wrote (14171)2/10/1999 1:50:00 PM
From: mineman  Read Replies (2) of 26850
 
Winspear needs to dispel fears that have been publicized by influential news writers that it was discovered by people outside the company THAT HAD NOT BEEN ANNOUNCED BY WINSPEAR that the 3 largest stones make up 75% of the value of the 1200 diamonds and the value of these stones were 20 times higher than all the other stones put together ($2,000/carat versus $83/carat).

The stock price has therefore suffered since Kaiser released this fact.

Management should be EAGER to have an independent analysis conducted to show people that these written rumors of possible salting, which make no mistake Kaiser strongly indicated, are unfounded. Instead of that management is giving absolutely ridiculous excuses such as they do not want DeBeers to find out the kind of stones that will be coming on the market.

Management has to allow the independent analysis NOW!!!
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