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Gold/Mining/Energy : Winspear Resources

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To: LaFayette555 who wrote (18760)	4/29/1999 8:51:00 PM
From: Gord Bolton	Read Replies (1) of 26850

Yes Francois, you are right. "The NR is clear." The overall emplacement theory is foggy. But they are confident that they will have over 15 million ounces gold equivalent defined by drilling if the bulk sample confirms previous sampling results. The deposit is open to the north, the east, and below in untested areas. As you will be aware from following the NWI thread-the worlds best experts have differing ideas about how nickel deposits come about. There are likewise differing opinions on how gold and copper deposits are formed. What primarily concerns us as investors is that it is there. I will stick with the theory that it came from deep down under and that it had to pass through a channel (or pipe) of some sort to get there. Chances are that conduit is plugged full of similar material from a similar source. The initial MRDI study indicated that less than a million tonnes would have robust economics. Now we wait for the bulk sample results and watch the drills prove up more tonnage on the north shore.

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