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


To: .Trev who wrote (167)7/27/1999 7:58:00 PM
From: WillP  Read Replies (1) | Respond to of 177
 
.Trev:

It's pretty close.

Regards,

WillP



To: .Trev who wrote (167)7/27/1999 8:22:00 PM
From: peter matson  Respond to of 177
 
Does this mean jkaiser is now going to stop covering

Winspear?

The mining rate I believe Winspear to be striving for

is 3000 tons a day, which at $200 u.s. per ton X 365=

that I believe is approx $219,000,000 u.s. per year in

diamonds. (less than 5 years at that rate)

Lets face it jk better try to make his money in the

market playing swings because I dont think he can make

it on subscriptions alone any more. Did subscribe once

years ago and felt that my chances werent that great

when I had 100 stocks to pick from many of which are

big time losers. In a bullish resource market anyone

can look like a hero by picking winners but it takes far

more skill to pick winners when the market is what it is

these days. Cant understand what the deal is either, since

Wsp is one of the few that seems to have flourished and

this guy tries to cut it up at every turn. Something happened

along the way and looks like this man has an agenda.

Regards



To: .Trev who wrote (167)8/1/1999 2:19:00 PM
From: teevee  Read Replies (1) | Respond to of 177
 
Author: WillP -- Date:1999-08-01 09:12:19
Subject: Carats Per Share
Winspear
Tonnage 20, Grade 1.75, Value $165 Shares 50
Value per share: $80

Aber
Tonnage 35, Grade 4.0, Value $90 Shares 65
Value per share: $75
Value with Snap: $100

Mountain Province
Tonnage 35, Grade 1.6, Value $100 Shares 45
Value per share: $45

Diamet Tonnage 70, Grade 1.0, Value $150 Shares 33
Value per share: $90

There are lots of other influencing factors, but, teevee is correct, that gold companies are compared in this fashion...at times. So, the comparison is valid.

The bigger influencing factors? Rate of production, time to production, perceived future dilution...

Regards,

WillP