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


To: teevee who wrote (22557)7/6/1999 7:15:00 PM
From: Truk  Read Replies (1) | Respond to of 26850
 
thanks for the comparison, but what of mining costs? Certainly, they must be considered in your assessment...
Kurt.



To: teevee who wrote (22557)7/6/1999 8:01:00 PM
From: marcos  Respond to of 26850
 
Excellent quick-and-dirty overview of the three. Winspear still has the rough lustre of the speckie about it, though, in a market that won't reward it, so far ... while the other two are officially declared mines by the Powers That Be.

Agreed with corollary No 3.

Corollaries Nos 1 and 2 could both be partly true ... don't follow Diamet at all, so i dunno, but it seems to me that as wsp gains confirmed mine status the market won't demand such a discount.

Of course i didn't check your figures -g-



To: teevee who wrote (22557)7/7/1999 6:56:00 AM
From: Bob Fairchild  Respond to of 26850
 
Looks good teevee. At what point do you figure an increase
in tonnage for Winspear will have little or no effect on the
share price ? If we contend that they do have 100 million
tonnes, we cannot expect a four fold increase in the share
price from 23 million tonnes IMO.

Bob