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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Gord Bolton who wrote (19943)6/10/1999 9:09:00 AM
From: mineman  Respond to of 26850
 
Evidence is the skewed values of the 25 largest diamonds, from $2,000/carat for the largest 3 stones to less than $50/carat for the next 22.

Management has not allowed an independent evaluation by a 'signature-identifying expert' to determine if all the stones are from the same area.

Winspear's diamond examiners are not 'signature-identifying experts' and they were not asked to determine if all the stones originated from the same source.

So evidence of possible salting (and I stress the word "possible") does exist and independent 'signature identification' has not been done!!



To: Gord Bolton who wrote (19943)6/10/1999 9:11:00 AM
From: mineman  Read Replies (1) | Respond to of 26850
 
The 3 large stones are valued at 40 times more per carat than next 22, not 4 or 5 times more but 40 times more!

And the difference in size between 1 to 5 carats and 6 to 10 carats does not compensate for the 40 times difference!

If management believed no salting occurred it seems logical they would be eager to arrange for an analysis by the diamond 'signature' expert who lives a few miles from their head office, or another internationally recognized 'signature' expert, in order to settle the controversy. But they have refused to allow anyone to view or analyze the diamonds!

People can form their own conclusions!!!!