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


To: The Fix who wrote (4423)12/13/1997 7:28:00 AM
From: George J. Tromp  Read Replies (2) | Respond to of 26850
 
Morning Fix: I think the Greenland play holds promise. It is extremely
early in that program. I view it as an area play yet to really unfold.
Lexam., Platinova., Aber.,Fdordland being the most visible of the
group. Some of the claims., are JV with Platinova . At this point in time
probably the safest way to approach it is to bottom fish with Platinova.
knowing that the way the JV are structured and the earn in in those
properties point to Platinova as the beneficiary of any significant
upside generated by each or any of those players. If I recall., that
a few diamonds have been found on the Lexam property., dykes
have been mapped as well. The geology is condusive to an area
play developing. One should look specifically at the JV and how they
are structured for earn ins., hence follow the money so to speak.
I havent monitored this area on a week to week basis., but knowing
that Aber has their fingers there tells me that it holds more than a
little promise. Greenland is still in its infancy in diamond exploration.,
but early indications show that there is promise.
George