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


To: peter matson who wrote (4468)12/15/1997 10:54:00 PM
From: Surething  Read Replies (1) | Respond to of 26850
 
Peter, George and Walt. Does the following news from Southernera et al have any bearing on Winspear. Looks a little like the Winspear experience.

To: VAUGHN (156 )
From: Kevin F. Durkin
Monday, Dec 15 1997 6:52PM EST
Reply # of 157

news release, just received fax
MACKAY LAKE/BACK LAKE
Six pits were put down and 1590 lbs of green clay kimerlite was deslimed and
screened. Results of 6 pits
Kim dry weight/KG Total diamonds Diamonds <.5mm Diamonds >.5mm
666.06 226 164 micros 62 macros

size of diamonds from various pits
kim a 1 diamond .o1 ct
kim b 2 diamond .o1 cts
kim d 1 diamond .03 cts
971061 1 diamond .12 ct
After negative drilling in the pit area, the likely source of the yuri kimberlite exposure is
in Munn Lake.



To: peter matson who wrote (4468)12/15/1997 10:55:00 PM
From: Mr Metals  Read Replies (2) | Respond to of 26850
 
Peter

<<<Does anyone have any suggestions on good

diamond plays whos stock price is depressed?>>>>

Montello Resources..MEO/ASE.

Mr Metals



To: peter matson who wrote (4468)12/16/1997 6:00:00 AM
From: George J. Tromp  Read Replies (1) | Respond to of 26850
 
HI Peter: Just a note on Gerle. They are a serious explorer in the NWT., the victim of complex geology as well. Gerle is in a nice
arrangement with DeBeers., as long as DeBeers views their property
with potential money will be spent to prove up the sources. A naked
pure diamond exploration play.. If they hit next winter., likely a trading
halt. Probably some upside as the winter program is released., but
the market wont pay up significantly until a source is delineated.
Just an opinion, Peter.
George