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

To: Chas. who wrote (3987)	11/16/1997 7:01:00 PM
From: The Fix	Read Replies (1) \| Respond to of 26850

Chuck.....Wouldn't it be great if DeBeers was after us! Only problem would be that it would need to be done under our terms as we have a poison pill in place. Fixer

To: Chas. who wrote (3987)	11/16/1997 7:34:00 PM
From: Walt	Respond to of 26850

CL186 is a baffler and to be honest with you (and not being privy to WSP drill data) I'm guessing:it could have a very unusual shape and that what they hit may be the side chamber to a pipe that vents out under snap lake. Which is basically what WSp news release said. If it truely is a pipe it has to have vented somewhere and snap lake seems to be the only place they didn't drill (yet). Im no expert on Kimberlite so I have to rely on the thoughts of those that are and who have seen the core. The trouble with stylized hypothetical models is they are just that while the reality of geology can be infinately complex. Whatever CL186 turns out to look like its probably going to become a text book example of unusally kimberlites. Walt To Tomato et al, maybe we were exuberent about the boulder count and why not it was great. It wasnt necessarily reflected in the stock price which was a little disappointing but just imagine if the boulder diamond count had of come back mediocre or bad.........that would have been a real downer. To me it reconfirms my hunch that when we hit the source it is going to be a rich one and hence has a good chance of being economic. Time will tell. regards