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Gold/Mining/Energy : Winspear Resources

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To: average joe who wrote (15033)2/21/1999 10:45:00 AM
From: Walt  Read Replies (2) of 26850
 
Joe
Once again you want to twist things said to fit your own agenda. Youre the one who made the outlandish statement that it takes a half billion to build a mine and /or one needed $2ooo rock. That was an absurd statement and you know it.
Wsp is in the exploration stage it has proven, probable and possible tonnage. Those are technical terms. They are drilling turning up more reserves and changing the probable and possible into proven so as you well know the tonnaage isnt known yet.But 10 million tons which is what the scoping study talked of is not small.
No one but you said it was going to be a mom and pop operation but mwhen pointed out that SUF and others have successfull profitable mines at considerably less then your magic half billion the best you can throw back is ah yes a different climate in the north. True but it has pluses and minuses. In the NWT we dont have to hire many mercenaries to protect the mine site. Also we can put winter roads into just about anywhere etc at al.
Cone sheet is a standard defn and term its in the books just like oraneite. So are fissure deposites etc et al. This is not a pipe so it is diferrent. I'm not sure exactly what it will turn out to be, further exploration will tell. You seem to be stuck in the mind set if it is not a pipe it cannt possible be a mine. So you follow but dont lead. If its a fissure you would ignore it I suppose you would have said the Argyl cannt exist either because it is not a kimberlite pipe and they used the really weird term lamprolite.Some lead Joe other follow, some mines are found others are made.
Nothing wrong with being skeptical and it is up to everyone to invest or not to, but what really is your agenda Joe. Also what I really object to is cross erronious statements pro or con. Statements which those not familiar with the industry might take as fact.
I still find your half billion for a mine and/or $2000 ore ludacris but you wont admit that those numbers are unreasonable, made up and a distortion. WHY IS That. You go frfom Its got to be a half billion or its a mom and pop operation. I just fail to see your logic here.
Its the same as Its got to be a pipe to be a mine because Ekati is pipes but other occurences mined around the world which arent pipes you again fail to consider.
Will AWSP find a mine, time drilling and exploration will tell, that is what exploration is all about. In my experience ever deposite is unigue. Some fall into nice models others make the model which others then start to look for, but each deposit should be looked at with its own merits pro and con.
Take care Joe and dont be so afraid of the unknown that is what exploration is all about. If you go exploring with the attitude that you know it all and every mine has to fit the narrow model of existing mines then you will never find anything new and to me that is part of the fun and lure making new discoveries.
When Fipke and Diamet first found kimberlite lots of people were like you and sid impossible if there were diamonds in Canada someone would have found them by now. Others said oh iits a hoax the pipes are too small they dont fit the South Africian model. Still others said sure they found something but it will never be a mine, its on the barrenlands.
Personally I hope WSp makes it because the more types of deposits the better. When I prospect I dont care if it a kimberlite pipe, an orgenite dyke, a lamprolite sill, if it has the tonnage and grade in my books its a mine. Im also sure that some mines are going to be found on ground others let lapse because they had too narrow of a defination of what they were looking for.
regards Walt
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