SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Chad Barrett who wrote (23281)7/19/1999 12:03:00 PM
From: Walt  Read Replies (1) | Respond to of 26850
 
Greetings all, sorry I havent replied to various posts but it has been a rather busy summer. Due to winds stuck in town for a few days now.
What the results seem to indicate to me is a grade of around 1.75 carats per ton with a value per carat of APROXIMATELYT $100. us PER CARAT.
Both bulk samples are pretty close. If you compare the carats and value with other projects you will see this dyke is good. Lots of diamonds over 1 carat up to 18. A bigger sample no doubt would turn up even bigger diamonds.
To me they have the tonnage, the grade and the value per ton needed to go to the next stage, MINING. At least at the pilot plant stage.
Maybe the counts aren't as high as some wanted but they are better then most pipes in the NWT and I expect WSP is planning a pilot plant stage mine even as we speculate.
regards Walt



To: Chad Barrett who wrote (23281)7/19/1999 12:22:00 PM
From: maxed  Read Replies (2) | Respond to of 26850
 
ABZ is up $1.05 today . Market seems to like the Tiffany news enough to over come any negative fall out from what is happening to WSP. The day is young so there is still lots of time for a turn arround which should push ABZ even higher. Teevee isn't going to like that but such is life. Eddy



To: Chad Barrett who wrote (23281)7/19/1999 1:03:00 PM
From: EIGHT-N  Respond to of 26850
 
to sum things up it takes 200MUS to proove up a 3 billion dollar resource these days. sickening isn't it.