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

To: Rick Hawke who wrote (21050)	6/19/1999 3:37:00 AM
From: Intrepid1	Read Replies (1) \| Respond to of 26850

Rick, please post some examples of better bulk sample results than the one released today by Winspear. As was shown earlier on this thread even the early Diamet bulk sample results were not as rich. You have only recently joined this discussion after a three year "hiatus" from S.I. In fact I think you are shortselling scumbag whose only purpose on this thread is to spread lies and disinformation. Please show this thread why this is a poor result. And as for negative reaction to the news. The only negative reactions I have read this evening are from all you newbie shortselling fekking aholes. etc.

To: Rick Hawke who wrote (21050)	6/19/1999 4:15:00 AM
From: Intrepid1	Read Replies (2) \| Respond to of 26850

Dude, I could email S.I. tonight and by the morning I could have a perfectly convincing name like yours. The timing of your posts (1st post May 17 after three years) and the distortions contained within them suggest to me you are nothing more than a shortseller intent on spreading fear. Like I said before Winspear's results are as good as they get in the diamond business. Once again I invite you to provide this thread with some concrete examples of better bulk sample results than those reported today. These "negative perceptions" you keep harping on about have only been spread by a bunch of johhny come lately's to this thread. etc.

To: Rick Hawke who wrote (21050)	6/19/1999 10:21:00 AM
From: ddl	Respond to of 26850

"THE RESULTS ARE NOT WHAT WERE EXPECTED" You're right, instead of 1.14c/ton we got 1.9c/ton Instead of $300/ct we got $98/ct WITHOUT large stones.

To: Rick Hawke who wrote (21050)	6/19/1999 10:22:00 AM
From: gg cox	Read Replies (1) \| Respond to of 26850

What is our PERSEPTION? We have all read Winspear's latest release. Now read this history keeping the numbers in mind.(reproduced for those who did,nt go to it) What is our PERCEPTION? HISTORY 1981 Chuck Fipke finds diamond indicator minerals while prospecting near the MacKenzie Range at the Yukon/Northwest Territories border. 1983 Dia Met Minerals Ltd. is founded by its current chairman, Charles E. Fipke. Dia Met Minerals Ltd. pioneers the search for diamonds in the Canadian Arctic. The Company provided the necessary funding to carry out a systematic sampling program for diamond indicator minerals in Canada's Northwest Territories. Early exploration, on a very limited budget, relied on float planes and careful selection of sample sites. 1984 Dia Met Minerals Ltd. is listed as a public company on the Vancouver Stock Exchange 1989 September Exploration efforts intensify in the Northwest Territories diamond project. Extremely high levels of diamond indicator minerals are found in the Lac de Gras area of the Northwest Territories. This suggested the location of a diamondiferous kimberlite pipe. 1990 August Initial staking of 450,000 acres north of Lac de Gras September The Blackwater Agreement is signed between the "Blackwater Group" (consisting of Dia Met Minerals Ltd., Charles Fipke and Stewart Blusson) and Broken Hill Proprietary (BHP). This agreement called for BHP to fund all exploration in order to earn a 51% interest in the project and to finance mine construction costs up to US $500 million. 1991 November Diamonds are discovered at Point Lake. 81 diamondsare recovered from a 130 pound core sample of kimberlite. This precipitates the largest staking rush in Canadian mining history. 1992 More than 90 carats of diamonds are recovered from a 160 tonne bulk sample, about 25% of the diamonds are classified as gem quality. September Nine more kimberlite pipes are identified. October Dia Met Minerals Ltd. is called for trading on the Toronto Stock Exchange December Micro diamond results for the nine new kimberlites are announced, the joint venture plans to bulk sample at least two of the newly discovered pipes. 1993 June The preliminary results from the 1993 winter program are released . More than 62 carats are recovered from the 50 tonne bulk sample at the Koala pipe. Dia Met Minerals Ltd. stock hits a high of CDN $66 September The Joint Venture announces the valuation of diamonds recovered from the Fox, Leslie and Koala samples. Diamond valuations range from US $81 to US $112 per carat. An additional 16 kimberlites are announced bringing the total to 26. The extraordinary microdiamond results for Misery pipe are also reported. December Construction of an onsite facility is completed. This includes a fully winterized 180 person camp, a 10 tonne per hour dense media separation (DMS) plant. A landing strip is also constructed that can be utilized by Boeing 727 and 737 aircraft as well as Hercules freighters. The underground program at Fox is announced. 1994 April A total of 270 carats of diamonds of high quality are recovered from 230 tonnes of kimberlite at Panda. May BHP formally notifies Dia Met Minerals of their intention to prepare a bankable feasibility study for the first diamond mine. BHP is vested with a 51% interest in the project. July A progress report filed by the joint venture announces the diamond recovery results and valuations for the Koala, Panda, Misery and Falcon kimberlites. Overall US $ per tonne ranges from $82 at Koala to $150 per tonne at Panda. December An updated Project Description is provided to the Canadian Government by BHP. The Federal Environment Review process is initiated and the Environmental Assessment and Review Panel (EARP) is formed . The proposed development plan is enlarged from three to five diamondiferous pipes. (Panda, Misery, Koala, Fox and Leslie) and the proposed life of the mine is extended to twenty-five years. The joint venture also announces the discovery of 13 additional diamondiferous kimberlite pipes bringing the total to 39 confirmed pipes. Underground sampling at the Fox pipe is completed with a total of 1,766 carats of diamonds recovered from 6,915 tonnes of kimberlite. A total of 2,557 carats are recovered from 2, 835 tonnes of kimberlite at the Panda pipe. 1995 February Diamond valuations for Fox, Panda and Misery pipes are released and range from US $ 44 per carat to US $ 132 per carat May The final Environmental Impact Statement (EIS) guidelines are received from the Environmental Assessment and Review Panel. June Results from the 1995 winter program are released. July Dia Met Minerals Ltd. is called for trading on the American Stock Exchange. The Environment Impact Statement (EIS) summary is submitted to the Federal Environmental Review Panel on July 24. The EIS covers the development of five kimberlite pipes and details a comprehensive and integrated Environmental Management Plan for the project. September Complete commercial evaluations for Panda, Misery, Koala, Fox and Pigeon kimberlites are released. Average diamond values ranges from US $26 at Misery to US $ 130 per carat at Panda. The 1995 summer program reveals an additional 18 pipes, bringing the total to 57 known kimberlites in the joint venture claim block. 1996 February The public hearings on the Environmental Impact Statement are completed on February 23. The EARP panel has 120 days to submit recommendations to the Federal Cabinet. This completes the Federal Review Process. April The core drilling program continues with 9 new kimberlite pipes being discovered. This raises the total to 66. May The 1996 Winter Bulk Sampling Program Results are issued. Bulk samples were taken from five previously untested diamond bearing pipes. The commercial evaluations from the Sable pipe are made in Antwerp. A gem quality stone weighing 9 carats is found. The Financial Report for Fiscal 1996 is issued to the shareholders. June On June 21, the Minister of Environment and the Minister of Indian Affairs and Northern Development release the report of the Environmental Assessment Panel recommending the approval for the development of the NWT Diamonds Project. November NWT Diamonds Project receives approval subject to the finalization of the water license and the land leases. 1997 February Water license and the Land leases are issued. New projects are announced for Venuzuela and Canada. March A progress report on the Finland Project is made public. The signing of a letter of intent pertaining to hard rock mineral rights with the Cooperativa La Salvacion is released. The Company presents the NWT Diamonds Project Feasibility Study to the Joint Venture partners. The directors have approved the filing of a preliminary prospectus for a proposed underwritten public offering of Class A Subordinate Voting Shares. April A Public Offering of 1,800,000 Class A Subordinate Voting Shares is made. August New Projects In Greenland are announced. September BHP and Dia Met name "Ekati Diamond Mine" November Marketing Agreement Signed 1998 October Ekati Diamond Mine goes into production All contents © Diamet Minerals 1998. All rights reserved.