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

To: The Fix who wrote (3672)	11/1/1997 11:02:00 PM
From: Chris A.	Read Replies (1) \| Respond to of 26850

Hi Fix, From what I've learned, it doesn't seem likely that WSP is holding back exploration progress on purpose to benefit others. I know that goes against many of the conspiracy theories here, but its just not true. For example, here's something that happened during the summer program that I don't believe too many people knew... During the spring program, many of the dykes were identitified. Then during the summer program their configurations were better understood. WSP was hoping to do a mini bulk sample of a dyke during the summer. However, the closest dyke to surface they could find was 6 meters below surface. It was just too deep to dig with shovels (especially with all those nasty black flies buzzin around their heads). What they really needed was a bulldozer/excavator. But heck, there weren't any around for hundereds of miles. What to do? Then to add more headaches, even if they could fly a dozer in, the law states that now they have gone from "prospecting" to "mining". This required special permits which just couldn't be obtained in time. You can imagine some of the expletives used in WSP's Vancouver office when this came to light. No matter how you looked at it, they were screwed for getting a bulk sample out this past summer. They now plan on getting the permits and bringing a dozer to the property via the ice roads this winter. WSP should be back on the property in January. You see how "stuff" happens? I really don't think there were any cold, calculating, masterminds planning all this and trying to drop the share price to get cheap shares. These theories are just plain silly. Of course, if we had gotten that mini bulk sample... WSP would be trading higher (at least a little). As Bishop said... "even a small dyke can be an exceedingly profitable diamond mine." And with all our pinks and other fancies... well... need I say more? Now regarding these conspiracy theories... isn't reality much more interesting? Best to all, Chris A.