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

To: Sam who wrote (23673)	7/26/1999 11:25:00 PM
From: Rocket Red	Respond to of 26850

Sam I hope you Looked at The Map that Winspear Printed along with the Last Bulk Sample. There is No 21 Million Proven.ThE north Shore holes were Drilled Up to 400m deep and 400 meter spacing. No Depths were ever given to where the kimberlight was hit(At What Depths) For now MRDI Report that is going to the TSE though the Winspear Lawyers we no way contain NORTH SHORE DRILLING.

To: Sam who wrote (23673)	7/26/1999 11:39:00 PM
From: Andrew	Read Replies (1) \| Respond to of 26850

Sam, readjust your expectations a little, the market appears to have. There is no way that a 2.5 meter dyke in the NWT is going to be mined at 5000 or 10000 tons a day. Have a talk with some mining Engineers and they will tell you. This is the exact reason why this stock is pulling back like it is now. Everyone unrealistically expected $300 US a ton rock and now that reality has set in the market is in a rationalization period. I'll say again 2000 - 3000 tons a day is the limit and that is real call the company, RT is very reasonable and will take the time to speak with you I'm sure. He even told me that their tonnage expectations for this year would be 5 - 10 million tons proven with an additional 5 - 10 million in the probable category. He told me 1500 - 2500 tons a day based on that assumption and the fact that their are limits on underground mining rates. This is not an open pit operation where you get a two guys in Cats loading trucks all day. Even the open pitable section at Snap will be much more expensive than for Example Ekati due to the high strip ratio. No BS just the facts. Andy