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


To: Berry Picker who wrote (22241)6/30/1999 9:56:00 AM
From: Confluence  Read Replies (1) | Respond to of 26850
 
Hello Brian,

Thanks for your comments. A couple more questions:

When will the next NRs be coming, and will WSP halt the stock again for lengthy periods?

You said: "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.)"
Could you expand on these logistics? What type of financing (debt/equity)? How much?

You said: "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"
Does this mean that he is expecting a higher value per carat from the next sample? How does this relate to homogeneity of the deposit?

TIA,

Confluence



To: Berry Picker who wrote (22241)6/30/1999 11:27:00 AM
From: Lorne  Read Replies (3) | Respond to of 26850
 
Brian - Unless the process changes dramatically the target date of 2001 will not be met.