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

To: wayne cath who wrote (5478)	3/24/1998 9:45:00 AM
From: Walt	Read Replies (1) \| Respond to of 26850

A couple minor corrections, the dyke dips east (not west). Also if WSP finds the dyke is really good they would find themselves in the interesting situation where the mine developement would be paid for by the mine developement. Usually when a mine goes in a whole whack of money is needed up front to pay for the mine developement, infrastructure, mill etc. Occasionally someone finds an ore body where you can take out a whack of ore initially from surface that is rich enough to then pay for the rest of the intial developement. It happens occasionally with high grade gold mines and I assume it could also happen with a diamond mine. If the bulk sample turns up some big coloured gem quality stones that could certainly cover alot of this years exploration costs. Depending on the results from the bulk sample it could be a very interesting year for WSP. Also the drilling on other targets could turn up some more kimberlite masses, dykes, pipes etc. regards Walt