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


To: Berry Picker who wrote (21952)6/25/1999 9:19:00 PM
From: dgz  Read Replies (3) | Respond to of 26850
 
I think my point got missed - what I was trying to convey was they knew about the variance in the pits way back when, yet we were all led to believe that there was no significant variance. Yes, I know they only reported the average of the two pits, but with such a vast difference in the two pits they should NOT have been saying things about the geology with words like "consistent" and "slam dunk". RT was in the room when this was spoken and he could have easily corrected Mr. Stewart. I think this may be partially responsible for creating the expectation for Pit 4 results and the subsequent disappointment. Why would they say the deposit is consistent when the evidence they have indicates otherwise ?



To: Berry Picker who wrote (21952)6/25/1999 9:26:00 PM
From: Mike Hermann  Read Replies (1) | Respond to of 26850
 
The journal articles indicate current drilling program designed to id 3.5-5MT, and outline an additional 3 to 5MT. 3-10MT seems realistic on the conservative side with upside potential if more drilling is to come. Grades are another question, 1.14- 1.85 ct/T , possibly US$181 to $300 /T ??? We can all hope for more, but it may be a while before more is confirmed imho. (I'm in for the long term, if my nerves can handle the volatility!)

Regards,

Mike



To: Berry Picker who wrote (21952)6/26/1999 7:18:00 PM
From: .Trev  Read Replies (1) | Respond to of 26850
 
IMHO one of the lessons that history teaches us, especially on the market (and in Politics) is that the majority is always wrong REPEAT ALWATS. If you're going to make decisions based on a vote take a tip and get out of the market. To prove my point look at the kind of people we get in government.

Do your DD, make up your own mind, act accordingly and then wait it out. After all you've been waiting 2000 years in the other part of your life, what's a few months on the market????