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


To: L. D. who wrote (7262)7/20/1998 10:39:00 PM
From: E. Charters  Read Replies (1) | Respond to of 26850
 
Insulting management. How so? Your conclusion I am afraid. Never actually said a word about them that actually insulted them or implicated them.

Your take on the geology is quaint. To say it is wide open is the same as saying there are indications and they haven't found it yet. Everybody's property is the same. I grant that lots of indications are there but that is the same as saying they could have exhausted them. It works both ways and one thing I have learned is no number of discrete "indicators" prove the source is right around the corner. This is the commonly held motherlode fallacy. It is not childish by now to not expect a mine. It is tragically easy to not expect it and it doesn't take special knowledge to do so but it takes experience. The truth is if a company attacks a property the size of this one for two straight years and comes up as negative as they have it may be that they are making a mistake spending so much time on it. Other companies have cast their net wider and found more.

The diamond smuggler in Sask. serves to illustrate if 5 other scams in diamonds recently doesn't, that the source could easily be foreign.

EC<:-}



To: L. D. who wrote (7262)7/20/1998 10:45:00 PM
From: JGL  Read Replies (1) | Respond to of 26850
 
I have been following this thread for well over a year and i have to agree with a previous poster that this thread has really deteriorated.If we are all so concerned about the advancement of wsp why do we respond to people like E Charters.Don't respond-this person will get the message and will bother people on some other thread.Lets face it,Charters lives a boring life.

On another note,does anybody know when we can expect further news?



To: L. D. who wrote (7262)7/21/1998 1:59:00 PM
From: wernervonh  Read Replies (1) | Respond to of 26850
 
Dont let EC get you confused, he has only a few valid points and a whole hockey sock full of negative inuendo.To wit:
WSP never said it had a pipe at snap, anomaly 186 was never claimed as a pipe;
The fissure/vein structure is open on at least two sides which could bring the tonnage up well above 10 million tons;
There is a source for the green stuff, it didnt fall out of the sky it blew out of the bowels.There is therefore prospect of finding it.
Scam is hugely unlikely, we are not talking Deguzmans here and canadian jails while somewhat akin to club-med are very unpopular with the current management of WSP.
Cost of 100/ton are way off depending on geometry and who does the processing.
Agree that ABZ didnt think too much of the prospect at the time of their decision but things have changed.
Heres why this stock is going to 20+
a)Textbooks occasionally get rewritten.The conventional geological illogic says that pipe clusters is what its all about PERIOD.Watch for a new chapter in the next edition saying that occasionally conventional wisdom is wrong;
b)current market cap is peanuts so if there is even a hint at an economic mine WSP will be bought tout suite poison pill or no (hence the 20+$)As has been pointed out it is after all an exploration company.Watch them exercise the right for their options as soon as the price allows.That alone will ensure a near term rise to around 2.50
c)the diamond market is in the tank
d)resource plays are in the tank
e)VSE is in the tank
f) wsp share price is in the tank
It cant get much worse RIGHT?
f)debeers is HUNGRY
I bet EC and his ilk have been buying like crazy or trying to cover their shorts (pun intended)as best they can.
Have a happy day