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Gold/Mining/Energy : Winspear Resources

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To: .Trev who wrote (19353)5/14/1999 12:42:00 PM
From: teevee  Read Replies (1) of 26850
 
.Trev,
I have a question for you.....If WSP management didn't expect good bulk sample results and good valuations, and assuming that those white octahedrons aren't showing up in good numbers at the plant, WHY would wsp continue to drill? If recoveries weren't going very well, I would shut the drilling program down immediately....why spend the money drilling if that is the case? Alternately, they must be hitting kimberlite above 300 meters depth or they would stop as well....allowing 6 days per hole per each of the two drill rigs with drill move, set up and tear down, works out to an average of one hole every three days.....that would be another 20 holes by the end of June....just trying to "peel the onion" or "read the tea leaves" here:-)
regards,
teevee
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