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


To: Andrew who wrote (23156)7/17/1999 11:45:00 PM
From: teevee  Read Replies (1) | Respond to of 26850
 
LOL & ROTFLMAO.....Andy, Andy, Andy....try actually going to the Winspear web site and read the MRDI scoping study for youself as I had suggested to Dean....by the way MRDI was the lead mining engineering firm on building the BHP/DMM Ekati diamond mine-I think they would have a pretty good handle on capital and operating costs up north:-))).....so what we have is about $US55.00/tonne($Cdn87.00) for 3.5 million tonnes (including 670,000tonnes open pit) operating and mining costs and implied values of $US187.00($CDN275.00)/tonne of rock.....you don't have to post BS in the hopes of building a trading position in the low $3.00 range on Monday.....it may get there all by itself....on the other hand, it just might continue on its way up from the Thursday close...I am having a hard time trying to reason why anyone would be stupid enough to sell anywhere near the $4.00 level with what we now know about the grade, valuations and tonnage:-))...what has become clear is that traders absolutely hate the way Winspear posts NR's and halts near the weekend so everyone has time to CAREFULLY CONSIDER the news before reacting emotionally in the market.....again....LOL.....
regards,
teevee
PS: you should buy at market on the opening:-))