Winspear Diaminds (Bulls Board) Message Board

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

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To: freddy who wrote (475)	2/10/1999 8:29:00 PM
From: Mr. Oil	Read Replies (1) of 1172

>>I would think if Europe is reading this tonight,it may have a positive affect on tomorrows opening,you can see what it did today. << My friend freddy, You are so right!!! The good run today will no doubt continue tomorrow. The magnitude of this statement is outstanding. >>,"If we accept the $301/carat at face value,along with operating costs in line with the company's estimates,we estimate an NPV for Winspears share of the project of $780 million[CDN] or $17.35/share [using an 8% discount rate].This is based on mining a total of 14MM tons through 2015.<< Even discounting the accuracy by 50% gives us a safe run to the $8.00 or $9.00 range. This is only based on 14 mm tons. We could easily see 20M. Where do we go then???!!! Am I glad to be long NOW!!! Ray

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