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

To: Confluence who wrote (22240)	6/30/1999 9:05:00 AM
From: Berry Picker	Read Replies (2) \| Respond to of 26850

RT showed the VALUE of the deposit and compared it to a lot of other companies already in production. This quickly took away any doubt that this project was economic. Then He also spoke of the logistics of trying to go into production without a major JV and why they will likely try to do that. He also spoke of getting financing quite easily with the grade and value of the first 3000 (i.e. 182us/ton.) Pointed out that the "supposed discrepancy" in value from 1&2 as to 3 was due to the lack of LARGE STONES in the last sample and was adamant that He doubted that would continue throughout further samples. As far as going to production He said as early as 2001 :-}