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


To: Dave M who wrote (5571)4/2/1998 8:06:00 PM
From: Waverider  Respond to of 26850
 
Hello everybody.. I hold a small # of WSP shares on the advice of
a friend. I find your discourse riveting and educational. I can't help but ask what drove the share price to over $4 a while back and was it the Bre-X fiasco that pulled it down so hard? Also, does anybody know anything about NPK who shares in a JV in the area?



To: Dave M who wrote (5571)4/3/1998 9:42:00 AM
From: Chris A.  Read Replies (1) | Respond to of 26850
 
Hi Dave,

You brought up a good point about VD in the bulk sampling. Walts answer to you was good as well. I just would like to add a little more from what I heard from WSP.

The kimberlite dykes were blasted out at temps around -30. The kimberlite material was loaded into 200 canvas bags, sometimes during the night. There wasn't much time to look for VD's. The guys went in, blasted, packed, and got the bags out ASAP.

It is reasonable to assume that the caustic fusion on these samples will yield similiar, if not higher, diamond counts/colors as the drill samples. We should know soon...

I think the market will just have to be educated that tonnage can come from a large, easily minable dyke system, as well as a pipe. And with spectacular counts, all the more so regarding economics.

Chris A.