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Gold/Mining/Energy : Winspear Resources

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To: jack hampton who wrote (17783)	4/7/1999 1:49:00 AM
From: Andrew	Read Replies (1) of 26850

Hi Jack, In a 45 min conversation two weeks ago with RT one of the topics we discussed was the adequecy of the current program. I hope I am not misquoting Randy but He said the program was designed based on recomendation from MRDI. The 6000 ton sample as well as 200 meter spacings. I believe that because the dyke seems to be so uniform in thickness and that it is so continuous MRDI feels that 200 meter spacing are fine for a feasability study. As we all know from dykes and fissures which are being mined elsewhere in the world the grade also seems to remain very consistant as eveidenced for example by SUF's fissures which have been delineated and sampled to date. Randy seems to feel that this years results will be adequate for a feasability study, I am sure provided the grade and valuations hold up. All you naysayers I know it is a big if but I and several others here have healthy positions at the ground floor on this baby and look out if the valuations are even close. $20 will be a stepping stone to higher prices. Andy, El toro

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