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Gold/Mining/Energy : Winspear Resources

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To: Confluence who wrote (18267)4/15/1999 12:45:00 AM
From: teevee  Read Replies (2) of 26850
 
Confluence,

<<Any thoughts on this email? Is the hope of a pipe gone? What are the expectations from the cores presently at Lakefield? I hate to say it, but, man, these guys who've been hoping for big stuff, what are they gonna think?

Why was WSP up today?

More Confused,>>>

Ya I do have some thoughts on the e-mail:
1. Drilling at Snap Lake is proceeding according to plan
2. There is at least one vent/pipe which was a feeder to the cone sheet....feeders under conventional kimberlite pipes typically narrow to about 30 meters in diameter....however, what is interesting, is that we don't have any empirical knowledge as to what size a feeder for a group II kimberlite cone sheet could be....it could be like the feeders to a pipe and be only 30 meters in diameter or so....or, it could be a lopolith with up to a half billion tonnes in it....I'm betting it is the former...Snap Lake doesn't need a pipe anyways....unless its a monster of course:-)
3.Th CF results from the cores at Lakefield should show consistancy with prior results....
4.big stuff? that will come with the processing of the 6000 tonne bulk sample....
5. The stock price was up today because there were more buyers than sellers in the market at a given price, so the buyers had to pay more....

I hope that calms you down, seeing how you seem to be the nervous type....alternately, if it seems to be going over your head, you can always sell eh?

regards,
teevee
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