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

To: The Fix who wrote (4548)	12/20/1997 1:29:00 PM
From: kfdkfd	Read Replies (1) \| Respond to of 26850

How about looking at Canabrava, CNB. In Brazil and Canada, look at there new management.

To: The Fix who wrote (4548)	12/20/1997 2:48:00 PM
From: George J. Tromp	Read Replies (2) \| Respond to of 26850

Hi Fix: Maybe I can answer Chuck as well in this post. First of all., I dont follow GMD and SND even though they are promoted under Farrel Financial. That is not to take anything away from them., I just dont have an interest to look any further than what I currently own You asked sometime back what my current holdings are., so why dont we make a list. and we will check back By May 31 and see whether this guy bombed or succeeded. 1. Aber Resources currently 10.00 US. My May 31 target is 20.OO U.S 2. Southerna Resources. Currently 9.00 US and change May 31 target of 17.00 US 3. Rex Diamond Mines Currently aprroximately .63 US $4.00 US by May 31 4. Mountain Province. Likely 100% if mini=bulk shows larger stones., and gem qualities in the 25% and above range. Pure Speculative raw diamond plays: 1. Winspear Resources. By virtue of known gem quality of samples and 57% interest. No question here as to the commercial implications with large stones already present in sampling that the source is will be economic when the source is delineated . My favorite as you can tell. 2. KLA. will benefit and stand on their own next year by virtue of 19.8 interest and carryed to production and the swing company in a future amalgamation if and when it occurrs. 3. Gerle share price will appreciate with any further MPV success . So assuming that the money continues to flow out of gold stocks and into the diamonds. this is what I perceive to be how the various players unfold as 98 approaches. The reason I have picked Platinova over Lexam is based on the claim agreements and the earn ins required by each JV partner. Here is a summary of the players: Geology: The Southwest-Northeast trending belt., traverses 100% platinova as well as ground optioned by Platinova to Lexam Explorations., Aber Resources., and Fdordland Minerals. Dykes have been found on Lexam which extend several kilometers. Here is a summary of ownership in each block: Aber-Platinova JV 11,900 sq. Km 2.9 Mil acres Fjordland PlatinovaJV, 14,383 sq.Km 3.6 mil acres. Lexam Platinova JV 3390 sq. km .8 mil acres. Platinova 4318 sq. km 1.1 mil acres So by virtue of Platinova being in Greenland and their relationship with the Danish long before much of the other players., it could be assumed they may have a leg up. Rather than trying to pick a single player., Platinova should cover most except Diamet., DeBeers or Can-Mountain mineral. Major General is a good value at current prices. but so are many others. They do have a 4000 sq mile presence in Southern Greenland SVB project is early but I like their Olympic and Bath properties. A decent buy at their lows. George