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

To: Digger who wrote (23778)	7/30/1999 11:50:00 PM
From: .Trev	Read Replies (1) \| Respond to of 26850

Did you read about the day trader who went berserk in Atlanta to-day?? Suspected of killing his first wife and her mother, because of the size of the insurance he put on her he then remarried and became a trader with two small children. That didn't work out for him so he took a hammer to the wife and kids then took two hand guns and went to see two Securities firms that he blamed for losing his fortune. Total of 13 dead including himself. Wow!!!!!!!!!!

To: Digger who wrote (23778)	7/31/1999 12:22:00 AM
From: dgz	Read Replies (2) \| Respond to of 26850

I've mentioned before that one of the problems I have with this stock is the mining rate. It seems that 3000tpd is considered maximum. What if they attack the deposit from two sides and build a processing plant in the middle - could we not see 6000tpd under that scenario ? If two, why not three ? I read a post on Stockhouse from someone who claims to have worked for a Gold mining company getting 3 million tonnes per year from an underground operation. If its possible to get mining rates greater than 3000tpd then this becomes a whole new play and one with "real" blue sky potential. With the deposit open to the North and East, we could see 40 or 50 million tonnes. With that size of deposit 3000tpd would take 50 years to mine it. They would have to look at ways to increase that mining rate to get the mine life closer to 20 years. Another option might be to sell half the deposit to another company and let them build their own processing plant and do their own underground mining. I find it odd that no-one has given much thought to how this fundamental problem could be solved. Its a critical factor in the equation and will determine whether this will be a $10 stock or a $30 or $40 stock. Sudhir or WillP, when you read this, I'd be interested in your thoughts on this.