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Gold/Mining/Energy : WillP Speaks on Winspear -- Ignore unavailable to you. Want to Upgrade?

To: WillP who wrote (160)	7/22/1999 1:52:00 AM
From: stanley new	Respond to of 177

WillP, How much closer to a producing mine is Aber than Winspear? Consider this question both before and after knowledge of the Tiffany's deal please. I know this requires many assumptions, but assume normal steps without the inevitable broken spokes along the way. Thanks and I certainly only ask for top of the head response as I know you are busy. Just trying to get idea of difference in their current positions. sn

To: WillP who wrote (160)	7/24/1999 10:22:00 PM
From: teevee	Respond to of 177

To: WillP who wrote (160)	7/27/1999 6:56:00 PM
From: .Trev	Read Replies (3) \| Respond to of 177

Will No particular significance to this, I just picked a convenient post to hang a question on. I can't believe what I'm reading in the SW report on Kaser's bottom, and the correction. I think the guy has finally lost his marbles. I'll print it here so that you can see what I/m talking about, although I'm sure you've already seen it. Kaiser says Winspear results better, but still not enough Winspear Resources Ltd WSP Shares issued 39,238,388 Jul 26 close $2.83 Tue 27 Jul 99 In the News John Kaiser, writing in a July 24 Bottom-Fish Tracker, says the latest results from Winspear's 6,000-tonne Snap Lake bulk sample represent a slight improvement over the first batch released in late June. Mr. Kaiser recommended selling Winspear on June 20, saying the earlier results were not good enough to boost the market. "If you can sell above $3, do so," he wrote. He also advised selling 25 per cent of the stock on June 11, and 25 per cent on Jan. 8 this year; he recommended buying Winspear three times in 1998, between 52 cents and $1.43. In the current report, Mr. Kaiser says his words of caution on June 20 were lost on the "Winspear Dreamers," who bought 2.7 million shares and prevented the stock from slipping below $3.20. It closed on July 23 at $3.30. Mr. Kaiser says he waited a week after the results to comment on them to avoid charges he has affected the price. The letter writer says Snap Lake may eventually produce $1-billion in diamonds, but at $180-$200 (U.S.) per tonne, it may take decades to reach that amount. AT $3.30, the market is saying the net present value of Snap Lake is $200-$250 (U.S.) per tonne. Mr. Kaiser also calls the Diamondex spinoff a "huge mistake," which left Winspear stranded as a feasibility study play. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com If I understand the words, and I think I do, this arrogant gentleman is complaining because enthusiasts, which he calls "Dreamers" kept on buying when he said "Sell", and that was what stopped his forecast fall in price from fulfilling his goals. Can you verify that is what he actually said, and not some fevered imagining of the Business Reporter like the NPV measured in per tonne increments???? I would be most interested to hear your comments on this??