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Gold/Mining/Energy : Winspear Resources

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To: Gord Bolton who wrote (14555)	2/12/1999 9:36:00 PM
From: mineman	Read Replies (1) of 26850

Kaiser dropped bombshell Jan 21st that management refuses to answer! Charters brief comment in July, '98 was completely off-the-cuff and unsubstantiated and any "salting" comments were not taken seriously until January 21st when Kaiser dropped a bombshell revealing that the value of the 3 largest stones were 75% of the value of the entire 1200 stones, and that the 3 largest averaged $2,000/carat, or 40 times higher than the average value of the next 22 largest stones from 1 to 5 carats which were under $50/carat. Kaiser did not "lash out at...Charters for starting the rumour" but simply said Charters off-hand comment made him think about the possibility, which Kaiser did not write about until he had credible irrefutable evidence discussed in the Jan. 21st report - 6 months later! Gung-ho says the salting allegation have "all but faded", but solid evidence cannot "fade" and will continue to fester until the questions are answered by management allowing the diamonds to be analyzed by an independent diamond expert with experience detecting the unique "signature" of each diamond deposit!!! More people each day are asking why management will not allow this inspection!!!!

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