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Gold/Mining/Energy : ABER RESOURCES

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To: WillP who wrote (1295)	4/11/1999 3:04:00 PM
From: Tomato	Read Replies (1) of 2006

Excellent discussion. I've got a question re WSP being fully valued (or should I say "re Aber's interest in Snap Lake being fully valued" for the folks who complain about seeing Snap Lake being discussed here?). I look at it this way, if the bulk sample comes back as per the MRDI scoping study, WSP is grossly undervalued. If the bulk comes back below, say, US$150, WSP is grossly overvalued. And one other item- it seems GT's allegation that there are only 3.5 mil tonnes proven is a stretch. Maybe, if you're dotting every "i" and crossing every "t" you could technically say that, but is there anyone out there willing to bet that there's less than 14 million tonnes of similar grade kimberlite there? If so, I'll gladly wager with you.

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