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

To: Tomato who wrote (3977)	11/16/1997 5:09:00 PM
From: Walt	Read Replies (1) \| Respond to of 26850

In order to state publically that you have a pipe there is a quide line or regulation (I forget which and I just cannt find it at the moment But) it must have a surface exposure and two angle holes with a certain amount of kimberlite intersected. So while all the pros may say they feel CL186 is part of a pipe untill a surface exposure is found????????? its still just a kimberlite. The fact that it is a high volatile kimberlite breccia with micro fossils in it....still doesnt make it officially a pipe although if its not part of a pipe ill be darned if I could figure out what it is. Or why it has the characteristics it has. So in that regard I dont think Sophie lied or mislead you but gave you the most accurate info she could at the time. Now I recall the two week news announcements and that the lab would expidite samples but not that samples would be done in two weeks. I could be wrong but.......two weeks to do a caustic fusion on a sample is an awfully short turn around.(Im not sure it could be done that quickly) Alot of people complained about the original delay in getting drilling started but that was so an underwriting could be done which gave WSP a bank roll, in hindsight with brex it now looks like a very wise move but at the time of the delay WSP couldnt say why they held off a week or two yet under the stock market rules they had too.(Im not sure its an official rule but you cannt have any material changes in the company when youre doing that sort of thing.) I know youre frustrated Tomatoe and with that I can sympathise but exploration programs move at there own pace and no one can predict ahead of time how they are going to turn out. That is the nature of the beast. Regards Walt