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

To: Berry Picker who wrote (21139)	6/19/1999 5:48:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 26850

Brian Sudhir Will have an Update over this Weekend. I guess nobody Can read to Well as its in Black and White Canadian Dollars. Everyone Thinks The stock will Go down. But let them Sell out first and then they will only buy it back at Higher Prices cause Winspear is going Up Monday.

To: Berry Picker who wrote (21139)	6/19/1999 5:50:00 PM
From: chummer	Read Replies (1) \| Respond to of 26850

Brian, I am a subscriber to Sudhir and it is money well spent imo. In fact I subscribed to Sudhir's newsletter this past January SOLELY to follow Winspear. I follow his advice very closely. I expect an update this evening. I hear he is very pleased with the results. Regards, BB

To: Berry Picker who wrote (21139)	6/19/1999 6:27:00 PM
From: Sudhir Khanna	Read Replies (3) \| Respond to of 26850

A few have asked me to comment regarding a misunderstanding. I have not had the opportunity to review all the posts here and apologize if I am taking anything out of context. From the last issue on WSP (May 25): "The market is currently valuing Snap Lake at approximately $220 million. Based on a projected 3,000 tonnes per day production rate and an ore value of $200 per tonne, the project would have a Net Present Value (at a 10% discount rate) of approximately $220 million. The value of Snap Lake will double at an ore value of $300 per tonne. $400 per tonne value yields a NPV of approximately $800 million. The mini-bulk sample yielded an ore value of $500 per tonne. Although these calculations are very preliminary and only one method of approximating future stock value, it is used here as an illustration to show that WSP has room to move forward based on results. The institutions are ready to enter the numbers into their spreadsheets once the valuation results are released. Anything over $300 per tonne will give them good reason to speculate with WSP. (These figures are in Canadian dollars and were estimated by MRDI Canada, a division of H.A. Simons Ltd., the lead engineering firm for the recently commissioned Ekati diamond mine.)" The figure is not to be used as a decision point for mine or no mine. It is to be used as a guide to see if there is enough room between potential and price to attract the institutions and is written within this context. The results show that there is. Even the institutions want to make a profit - not just invest in what may become a mine. With the current results, they are presented with an opportunity for profit. The figures are in Canadian dollars because over 90% of my subscribers are Canadian and WSP is quoted in Canadian dollars. Sincerely, Sudhir Khanna, P.Eng.

To: Berry Picker who wrote (21139)	6/20/1999 4:39:00 AM
From: Rick Hawke	Read Replies (3) \| Respond to of 26850

Brian, I posted the Sudhir report in an attempt to show that although I am worried about what will happen Monday morn. I personally believe there is a highly profitable mine at Snap Lake. In all probability wsp will become Canada's 3rd producing diamond mine. Also don't misunderstand my comments on the NR. Considerable study of it & a lot of other reading just reinforce my previous statement about a mine. However, IMHO I don't believe the majority of shareholders will take the time to do the DD and will therefore see the NR as less than expected. Lets hope the stampede I think is going to happen Mon. never appears. But Monday will tell the story about the immediate future. Best of Luck & regards. . . . . .Rick