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


To: The Fix who wrote (4232)11/29/1997 9:32:00 PM
From: Surething  Read Replies (1) | Respond to of 26850
 
Hi Fixer and all, the following is an excerpt from the recent Northen Miner article discussing Aber and Winspear. (Followed by my own "expert analysis.)

Winspear is operator of the Camsell Lake project and holds a 57.3% interest. Aber maintains a 42.7% interest. Details of a winter-spring program have yet to be announced, but Winspear anticipates that a significant work program will be carried out in the Snap Lake area beginning in late January or early February 1998.

Reprinted by permission of The Northern Miner. All rights reserved.

During the past few weeks most VSE stocks have been savaged by idiot investors and institutionalized institutional investors. Winspear on the other hand has held up very well. I take it as an extremely bullish sign that Winspear didn't break down to $.60. Yorkton's anal-yst recently recommended a buy on several diamond stocks including Winspear. I concur. Winspear at these prices has the best leverage of any diamond stock.

I wouldn't be surprised to see Winspear break out of its trading range
as investors begin to believe that the only direction for Winspear is up. Winspear's presence at the San Francisco Gold Show should also be taken as a bullish sign. It is a given that Winspear will be undertaking a large scale exploration program this winter. The only question is will Winspear take off prior to the drills turning?

happy investing!!!

SureBigthing



To: The Fix who wrote (4232)11/29/1997 10:53:00 PM
From: Walt  Read Replies (1) | Respond to of 26850
 
Greetings all.
Other then the statement that they plan to do a good size program no real indication of how big. At these talks no one can really announce anything new etc company wise as that all has to be done via press releases so that the info is distributed to all.
Its in the minus twenties now, so ice is forming fine and winter road will probably be in on time. Lots of frieght to move north this year so it will be a busy road.
I believe both Randy Turner and Sophie Taylor will be at the gold show so anyone in the area should drop by and have a talk with them. It helps you understand the project better when someone can walk you through the maps etc.
These shows are also great places to pick up info on geophysics, assaying methods etc
One of the most interesting things I saw at the forum was the drill core from Diavik-aber and BHP. BHP had a box with 100 core samples of a couple inches each from a hundred different pipes so you could see how variable kimberlite actually is.
So if any of you have a chance to go to one of these forums, shows or conventions Im sure you would find it most interesting and informative.
Regards Walt