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

To: Chas. who wrote (22060)	6/27/1999 6:05:00 PM
From: Rocket Red	Respond to of 26850

Chuck Thats why I say Up and Down like a YO-YO till next Bulk Results. CC And Levq. Were playing Winspear like a Fiddle on Friday.

To: Chas. who wrote (22060)	6/27/1999 10:57:00 PM
From: dgz	Read Replies (2) \| Respond to of 26850

I'm curious as to how you work out your numbers. If the results of the 3000t are positive, I would think it would be time to buy not bail. I'm not sure what you mean by positive, but to me it would mean that the results would be better than the previous 3000t. Here's where I think the stock will be based on results: Assuming 1.8 cpt and 98/ct and 3000tpd mining rate: $10-$15 Assuming 2.0 cpt and 150/ct and 3000tpd mining rate: $20-$30 Assuming 2.0 cpt and 200/ct and 3000tpd mining rate: $40-$50 If tonnage >20 million then mining rate will probably increase to 5000tpd with a corresponding increase in share value. If tonnage exceeds 50 million then mining rate will probably be higher yet. The only way I see the stock at $7 or lower is if tonnage stays low and the mining rate is 2000tpd or lower. Would you care to share how you arrive at your numbers ?