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Gold/Mining/Energy : Winspear Resources

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To: Gord Bolton who wrote (17404)4/6/1999 6:49:00 AM
From: Confluence  Read Replies (1) of 26850
 
Hello Gord,

Thanks for the response. Sorry to be so late in responding. I think you may be right. The market is only willing to pay for potential, rather than reality. It just seems to me that the potential of tripping over so many anomalies, linking the M1 with the Leopard fissure, etc., offers so much cheaper, easier to understand potential than assuming that grade and valuation from a small sample will hold up in a larger one (see Tli Kwi Cho).

Perhaps you can point out a reference where I can learn more about this cone sheet theory, and the potential for this dike to have significantly larger tonnage.

BTW, are you aware that the M1 pipe (SUF) has a diatreme intrusion (M8, I believe) that has a significantly different make-up than the rich M1 kimberlite? Potentially lots more tonnage, now to find out grade.

Thanks again,

Confluence
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