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

To: Andrew who wrote (23158)	7/18/1999 12:12:00 AM
From: Rick the Vet	Respond to of 26850

If we can mine 670,000 tonnes at $87 per tonne then I am sure we can build a larger scale operation and make it work for that price. Underground may be more expensive but economies of scale and averaging costs over more tonnes will more than help defer the cost. If it were any more expensive then many of the underground mines up there would never have been put into operation. New target is $8. I won't sell for less than $7. Good luck everyone.

To: Andrew who wrote (23158)	7/18/1999 12:12:00 AM
From: teevee	Read Replies (1) \| Respond to of 26850

Andrew, OFF TOPIC, Yes I monitor SUF....the liquidity is too low for me at this time and I haven't yet seen capitulation by sellers who have given up and can't stand to see SUF on their monthly statement and be reminded of how much money they are off side:-))...I do get a big laugh out of how Confluence, Gemsearcher and others constantly hold hands and try to reassure each other that their positions in SUF are fundamentally sound...if they can just hang on long enough...and the next quarterly report is just around the corner....surely then the market will pay attention....hope springs eternal eh?......its probably uncomfortable for them to have a trade suddenly turn into a long term investment:-))& LOL.... don't get me wrong, I think they are great posters, and funny too..... teevee