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


To: BWEEB who wrote (7135)7/14/1998 12:11:00 PM
From: marcos  Read Replies (1) | Respond to of 26850
 
That was six months ago that Aber opted out, check the posts and news releases from January. A lot of reasons for them not contributing were speculated about, I personally think it was a wave of conservatism in guarding their cash, as they have a mine to build in the near future, in a tough financing market.

Anyway, James' writeup gives an incorrect impression - wsp's current percentage of Snap Lake is 68%. If Aber opts out further, it goes up (for wsp) from there.



To: BWEEB who wrote (7135)7/14/1998 7:12:00 PM
From: E. Charters  Respond to of 26850
 
Yes.

They knew the geometry of the dyke no matter how rich would limit tons increase costs and render it uneconomic.

(sorry)

EC<:-}