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


To: Walt who wrote (3733)11/6/1997 5:12:00 PM
From: Chris A.  Respond to of 26850
 
Hi Walt,

From my last talk with WSP, I got the impression that they were going to avoid grid drilling as much as possible.

There is some new sophisticated system they were going to try to implement to help them locate the pipe(s). They are in the process of getting bids from third party contracters.

I got the impression that exactly what is going to happen in January is still being "discussed" between the WSP techs and the Aber techs.

The problem is that a full scale grid program would burn through the funds in the WSP treasury real fast. This new method (already used by Aber with success) would still be expensive, but would narrow down the grid.

It seems that we're now concerned about how well the ice is forming this year. But there are far more technicalities than just the ice.

I'm hoping for a news release (maybe in December) which will outline thier plan for the winter program.

Either way, its going to be exciting....

Chris A.