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


To: Walt who wrote (6027)6/15/1998 10:28:00 AM
From: Bobby Yellin  Respond to of 26850
 
just read the canada-stock news and called a friend..wonder how
the street will meet the news..
will read your comments diligently
bobby



To: Walt who wrote (6027)6/15/1998 10:30:00 AM
From: The Fix  Read Replies (1) | Respond to of 26850
 
Hey Walt....Welcome Back!

Don't you just love the three diamonds discovered at 10.87, 8.43 and 6.03 Carats (Gem Quality to boot)!

Fixer



To: Walt who wrote (6027)6/15/1998 10:32:00 AM
From: Patrick Laflamm  Respond to of 26850
 
Buenos dias Walt,
I personally do not like those numbers. We had 3+c/t in the 137,14 kg sample taken a few years back, remember? I also do not like the fact the F word was not in the press release. (F like Fancy...)
Results close to the initial results of 1996 would have made WSP a double or triple bagger this morning.

I hope we get good $ value per ct

Regards

Pahww



To: Walt who wrote (6027)6/16/1998 11:25:00 AM
From: Rick the Vet  Read Replies (2) | Respond to of 26850
 
Walt:

Question from a long time lurker.

Excerpt from Northern Miner June 8 - 14 edition.
Mini bulk sample from the Koala North pipe at the Ekati mine project in Lac de Gras. A total of 126.58 carats of diamonds exceeding 1 mm in size were recovered from a 201.7 tonne sample for a grade of 0.63 carats per tonne. A commercial valuation of the stones in Antwerp, Belgium pegged them at US$200 per carat. Three gem quality stones ranging from 3.26 to 5.41 carats account for 77% of the value.

If the Winspear diamonds are of any quality at all, given the size, couldn't we expect the value per tonne to be at least US$200 per tonne?

P.S. Isn't it fortunate the market values diamonds in US dollars.