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

To: bill who wrote (5777)	4/25/1998 10:58:00 PM
From: peter bullock	Read Replies (3) \| Respond to of 26850

When George says: "IMO if Winspear is successful delineating an economic source., it is probably more of an accomplishment than being in the right place at the right time., with mother nature dictating the ease of discovery. Just my opinion Bill." I couldn't resist jumping in and interpreting just what it is that George is trying to tell you, because George already knows something that not too many others seem to be cluing in too and certainly the market hasn't seem to realize. George isn't talking about an economic pipe because George knows that finding an economic pipe is not necessary at this juncture......a pipe would be gravy. We already are at the brink of a significant announcement about a dyke that is akin to an everready battery...... and anyone who does a little DD on a dyke deposit will find out that a proven dyke that keeps on going and going is better than any pipe dream. Yes, Winspear has a back door deposit that the market isn't too interested in, but the market seems to be ignorant of the potential of what Winspear is sitting on at this time and I guess Winspear will have to start depositing the cheques in the bank from the sale of the diamonds in this dyke before anyone will take the resource seriously. George knows what's up and he has reason to be smug about it. He doesn't need to convince you, he rather pick up some of your shares at bargain basement prices. The doom sayers that float in and state that Winspear is a dog are obviously ignorant of what going on. The sad thing is that this deposit will not likely get a positive market reaction until the positive cash flow hits the bank. A self financing Junior come intermediate well positioned in the NWT and elsewhere and looking globally will find the illustrious pipe that the market wants them to find. If they don't find one on their property, they'll just have to buy one I guess. It's amazing what you can buy when you have a billion dollar asset. Peter