Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sam who wrote (6970)	7/8/1998 1:49:00 PM
From: BWEEB	Read Replies (1) \| Respond to of 26850

Congradulations to WSP recent success for those investors who held on through all down times. I do however have some questions that some of you may be able to respond to... 1. It is industry standard to exclude any "coloured or fancy" diamonds in the valuation of stones. WSP acknowledges this fact but they refuse to comment on whether or or not they used any coloured stones in their package. 2. What was the average value recieved for the top 5 stones? If one stone (ie: the 10+ carat stones) was of exceptional value then it could dramatically scew the average value of over $300.00+ per ton. In such a small sample of diamonds (it is generally not industry standard to try and valuate such a small package of diamonds) this could be a serious concern. This is information that WSP has but they would not release it. I would like nothing better than WSP find a mine (as I'm heavily invested in Canadian diamond play) but I have serious concerns about managements credibility