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


To: Chris A. who wrote (6189)6/23/1998 9:27:00 AM
From: bill  Respond to of 26850
 
Just checked real time quote

66,600 bid at 1.25 66,200 ask at 1.25 +6 if that holds to opening
then it is a nice gap up

ABZ is 1400 bid at 13.00 300 ask at 14.00



To: Chris A. who wrote (6189)6/23/1998 9:33:00 AM
From: bill  Read Replies (1) | Respond to of 26850
 
Have you read the article in the FP magazine about SUF? Some
interesting information on fissure deposits. EC is right when
he says WSP should be trying to track a fissure deposit so as
to find a "blow". All that is needed is one to get the game really
started. SUF was up to 20.00 and target price was as high as 43
before DeBeers jumped in and grabbed mineral rights. Doesn't even
have to be a very big surface area to drive the price.



To: Chris A. who wrote (6189)6/23/1998 10:05:00 AM
From: Sudhir Khanna  Read Replies (1) | Respond to of 26850
 
Chris,

I am glad to see your speculation performing. A break above $1.40 could take WSP to $2. Good luck.

Sudhir




To: Chris A. who wrote (6189)6/23/1998 3:54:00 PM
From: E. Charters  Read Replies (1) | Respond to of 26850
 
2000 metres downdip? No Way!

That is not established. Fissure veins
and pipes pinch out within 1000 metres
usually. So even in that distance you
average half the width.

And I don't know about 1000 metres of strike
pulling grade.

A safer estimation is 500 time 500. That is
1.7 million tons.

EC<:-}