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

To: Bearcatbob who wrote (6550)	6/27/1998 8:24:00 AM
From: George J. Tromp	Read Replies (1) \| Respond to of 26850

Hello Bearcat: No question., about that thought., I would like to make a few comments having followed many of the diamond plays over the years. The volume thus far is extraordinary to say the least., but might as well expect this seeing these valuations are the best ore values to date in the NWT. Since the early breakout., around 18 or 19mil shares have traded hands. What this tells me from a technical aspect is that the market is giving the thumbs up to Winspears valuations. and is willing to not only speculate on sufficent tonnage but as well support higher prices. My conversation with Winspear has led me to believe that Aber as well is pleased with the valuations., which will in all liklihood involve monetary committments as well for the next fiscal year of exploration. Much malignment has occurred over the course of the last year., concerning their intent to produce a significant ore body. What has been overlooked is the prospect that the ore body does not have to have classic kimberlite credentials to be economic. a bonus yes of course., but as well it is documented and I can provide the data., that historically any small kimberlite body if rich enough can and will be brought to production. The Gurneys and Kirkleys made this very point in their papers on S.African fissure deposits in 1996. I think Winspear is on the cutting edge of becoming the first N.American diamond producer to break the jinx. My view has been ridiculed and scoffed at over the last 16 months and only to be mitigated by the small group of supporters., which have made it worthwhile. The unpopular view of bucking market mentality., will in all liklihood benefit the informed. So my view is that a good portion of the recent trading is the trading of the informed ranging from insiders within the industry to momentum day traders. As well I would like to welcome those new posters and it is my desire to elevate this forum to a higher plain if the consensus agrees., if not I will be coverning Winspears activities on the Trumps 12 forum or rather the 11. 19mil shares as well indicates to me a strong support pattern will be emerging going forward. By the way in 1994 when the A-21 pipe was announced by Aber., volume on TSE was dry., around 3mil shares traded hands that day in a bone dry trading session session. So 19Mil shares indicates more than a mere fancy passing., no pun intended Sincerely George J. Tromp