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


To: gemsearcher who wrote (24410)9/10/1999 1:58:00 PM
From: teevee  Read Replies (1) | Respond to of 26850
 
gemsearcher,
I believe what you and Lorne may have overlooked in the comment is that in addition to the value of the increased interest from 68% to 84%, the tonnage was increased from 8.5 million tonnes mentioned in the updated scoping study to 18.5 million tonnes(the number from the "global tonnage" estimate). This of course increases the life of the mine from 10 years to over 20 years as well, so there are just two factors you must consider. I believe a year from now, many folks will be crowing about how cheap WSP was at just over $3.00. Of course, many will be kicking themselves in the backside for selling to early too. Also, congrats to all those who were astute and/or lucky enough to call AND play the share price swings:-))
regards,
teevee