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

To: Rocket Red who wrote (21372)	6/20/1999 11:18:00 PM
From: LaFayette555	Read Replies (1) \| Respond to of 26850

Even if the had large ones DB would keep it under wraps over their dead body. DB whants to have it all and that does not leave much for others.

To: Rocket Red who wrote (21372)	6/20/1999 11:47:00 PM
From: Rick the Vet	Read Replies (1) \| Respond to of 26850

Well Well Well-- I go off on a little business trip and all hell breaks loose. Almost melted my cell phone checking the market Thursday for a resume trading order. Seems like there is an awful lot of grade in this here property but that the value has softened a bit. Is this a surprise? No of course not. If you recall the value from Pit 1 of the mini bulk was much lower than the value from Pit 2. I can't seem to find the figures but I think Pit 1 was $200 per tonne and pit 2 was $450 per tonne. Therefore it would seem that the mini bulk was a good approximation after all. Take that 1 step further and the same applies to CF results. Now, what happens when the second batch is released and it is worth $375 - $425 per tonne. These results will be fabulous right? One problem though-- perhaps the dyke is not quite as unifom as we think it is. If this is the case then RT and the boys will be able to formulate a mining plan so that we can mine some rich ore to begin with, to help pay the bank off, and then start mixing the lower grade stuff off. Remember, even at the current $180 we still have a 0.6 ounce of gold equivalent and and easy 30 million tonnes of ore. That like 18 - 20 million ounces of gold boys. What did ARP get bought for? They had one hell of a lot less than 20 million ounces- That's a fact. The big buyers were not expecting $300 rock and the market has not been putting that value on the stock to this point. Therefore if the stock tanks it will because once again the small brains of the investment world are being taken advantage of.