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


To: james flannigan who wrote (21095)6/19/1999 12:24:00 PM
From: Dave M  Respond to of 26850
 
As an unknowledgeable investor in the area of diamond mining, I was disappointed by the results, I had hoped to see bigger diamonds,some more news on the drilling results and maps that show kimberlite extending into Diamondex territory. I had expected a lot more information compiled over two days of closed door preparation.

What was the reasoning for setting the maximum stone size to 30 C? Does this make it cheaper or faster to process, or is certain equipment limited in its adjustments to go larger? If Rocket Man Red was right, and larger stones were crushed, does it not make sense to loosen up the screws and let the larger stones through for this next batch? In my ignorance, maybe the large stones aren't critical at this testing stage, the smaller samples are needed for comparing future drill holes to the bulk sample. Am I all wet here, or is there some logic to this. Management is trying to make a mine, and I am looking for short term gain.

Thanks for the many posts, I am starting to get a better understanding after reading the 10,000 posts since the news release and feel more comfortable with holding shares than not having any shares, or worse, being short.

I can't predict the market, but will go out on a limb and say the stock price will not stay where it is, it will either go up or down dramatically, IMO.

Dave M



To: james flannigan who wrote (21095)6/19/1999 12:40:00 PM
From: j.oil  Respond to of 26850
 
Her is the link.
edmontonjournal.com
Then go to the business section.
j.oil