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

To: EIGHT-N who wrote (22592)	7/7/1999 11:51:00 AM
From: Confluence	Read Replies (1) \| Respond to of 26850

Hello Eight-N, I agree completely! The way to get the stock price higher, assuming the CF and bulk sample results come in without disappointing, is to pull the ore out as fast as possible. With the huge tonnage potential, increasing the upfront costs of building the infrastructure may lead to a quicker payback, and that is what will attract the dough to finance the project. Unfortunately, Ekati has plenty of ore for the next many years, and it would seem unlikely that they would divert from their development plan to process somebody else's stuff. The interesting potential here is that the Diavik (Aber) plants have not been etched in stone. Too bad WSP and ABZ don't seem to get along, but maybe all this JV "disagreement" is part of a negotiating ploy? Its too bad Snap Lake isn't easily accessible, otherwise it would probably be in production already. Regards, Confluence

To: EIGHT-N who wrote (22592)	7/7/1999 1:03:00 PM
From: .Trev	Read Replies (2) \| Respond to of 26850

Maybe you're not so crazy after all. We had rumors some months ago that WSP had ordered a small processing plant, and then no further mention. The about a week ago it was reported that Randy had applied for a permit to recover 40,000 tonnes ( with no word as to whether it was to be underground or open pit). Last January Randy made the comment to a small group of us after his presentation that there aren't too many exploration projects that he has seen where the production just about covers the costs. Don't be too shocked if your wildest dream turns out to be true!!!!