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Gold/Mining/Energy : Winspear Resources

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To: John Paquet who wrote (15908)3/16/1999 10:36:00 AM
From: Gord Bolton  Read Replies (1) of 26850
 
Time for a reality check, Paquet.
Winspear has four drills cutting through Kimberlite intersections averaging 3 meters. Any one can hit the motherload at any moment. Some say Winspear knows exactly where to point the drill.
This ore has the equivalent value of 1.5 ounce per tonne gold.
Estimated value inferred so far 30 to 45 million ounces gold equivalent. Mining and processing cost 50 to 80 dollars per ounce.
Is it really wise to short this stock at >.3.00 per share?
The halt can come at any moment Johnny, and it will come.
Do you feel lucky today?
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