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Gold/Mining/Energy : Winspear---John Paquet discussion group.
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To: marcos who wrote (19)2/28/1999 1:17:00 AM
From: brian krause  Read Replies (1) of 40
 
If a long section of kimberlite was pulled how do you think it would effect the stock?

This has been done before.
newswire.ca
It would all depend on the location of the hole and the depth at which kimberlite was hit. If it was in a position that could have feed the NW peninsula then the stock would go through the roof and I would not sell as early as if it was hit elsewhere, assuming I had stock at the time. One assumption that I feel safe in making is that kimberlite will be hit in many places to make up a much clearer picture of what took place, this will drive the price up.

The downside I see would be if in the coming few weeks the market gets bored and finds other things to do. IMO as long as WSP drills hit the 2m of kimberlite there is no other downside risk till the bulk sample results.

Re: SPE.

I have started emptying beer cans as when I return them I can buy two more shares each.

cheers

bk
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