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


To: Gee10 who wrote (23901)8/4/1999 12:03:00 AM
From: dgz  Read Replies (1) | Respond to of 26850
 
Dr. Bob figures WSP will earn $1 to $2 per share. Apply an industry multiple to that and you will see WSP is far from done. If the price drops much lower, this could have 10 bagger potential again.



To: Gee10 who wrote (23901)8/4/1999 5:03:00 AM
From: marcos  Read Replies (1) | Respond to of 26850
 
Talk about diamonds, what a concept. Sorry guys, but when lied about on the thread that is where i respond. If he would take it to PM i could just delete it and that would be that. It seems to have abated for the moment, so that's good.

Yeah diamonds - a friend is just getting introduced to the internet and is quite impressed with the Stockwatch thread - wwwa.canada-stockwatch.com

In talking about it we ended up with a question for WillP or whoever can answer it -
Where is the bottleneck that limits underground mining in tonnes/day?
Is it in the mining face [do you call it that?] itself
.. or in the traffic capacity of the ramp [terminology?]
.. or what?

If the limitation is in the face, and we suspect it is because of the drilling/blasting/mucking cycle, then it seems like an operation could run two or more faces off the ramp in a Y or T or F layout. Or have multiple ramps. So there wouldn't really be a tight limit on mining rate as long as multiple underground operations feeding a larger mill were feasible.

This seems like an important question, as tonnes/day is going to be a big factor in NAV.
Also, there should be economies of scale in the per/tonne cost of mill, camp, G&A, etc as production increases, right? ... 2000 t/d is not going to give us rocket stock. 'Moooore Power!' -g-