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


To: skelly who wrote (4556)12/21/1997 10:05:00 AM
From: George J. Tromp  Read Replies (5) | Respond to of 26850
 
Hello Skelley: Obviously your SI ettiquette is lacking. I will respond
to your question but in the future it would be appreciated to direct
your inquiries here for the last time.
If you believe that the last drill churned on the Gerle property., then
maybe the current price is represenative of that fact. If you currently
believe that it wont in the future and Gerle and Monopros are finished
explaining the sources on their claims your ignornance and understanding of exploration programs is most revealing. Let me put
it in a most gentle manner. Knowing the method and desire of Gerle
to suceed is only mitigated by their desire to search each and every
meter of their claim., much in the same manner as Winspear. The fact
they are a serious explorer goes a long ways in supporting my view
that the last hole hasnt been drilled on their claims. Has DeBeers
announced they are pulling the plug.? No I dont think so., if there
was not promise they would have long since moved on just look at
Major General and the misty lake property. Didnt take much of a decision to back on out and move on.
Secondly., the MPV claims and current success is no surprise., anyone
having followed the story from inception knew of the prospects concerning those claims. My question of the day and maybe the
MPV IR people want to publicly clarify why their claims sat idle
in order for the Promoters ran the carats/ton counts to 8.4 when
each successive- mini-bulk sample showed less and less. Please
dont refer me to the Venture Capital Newsletter. That is an unadulturated crock., that the market didnt know how to judge
diamond counts in those days. You want to know the truth.?
The truth is that Aber set the standard reporting methods in the
Northwest territories. After twin pipe disaster., and the fallout thereafter the dog and poney boys from MPV still promoted those
cock and bull stories over the internet. Continual comparisons were
made to Aber concerning the 5034. The successive min-bulk sampling occurances on 5034 more than validated the phoney PR.
You see Skelley I know the story., and know it well.
While MPV was boistering their 5034 discovery., Aber was quietly
setting the standard of economic discoveries validated by legitimate
industry standards. The venture capital analysis is quite slanted
from where I sit. MPV at that time had a good idea of what the contents consisted of at 5034., and the proper reporting standards
were in place following Abers discoveries. So a nice gloss over
by Mr. Ballinger. Let me ask this question. Why did MPV struggle to
raise exploration funds during that period.? Maybe once the market
realized the hype on 5034., that the ability to raise funds sort of hit
the skids.? It is no secret that MPV propertys held pipes. It has been
known ever since the early Aber discoveries. If you can now understand the skepticism on my part., and its justification.?
As I have stated previously., the only thing that will prove my changing of opinion concerning MPV is a detailed release of
concerning gem quality and the mini-bulk sampling showing large
stones as well. Frankly my friend., I dont trust the principals., plain
and simple.
That being said., if they prove me wrong., my deepest apologies.
However the stock price should improve leading up thru the min-bulk
sampling at least that has been the pattern.
Regards