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

To: paul centis who wrote (8165)	10/1/1998 10:10:00 PM
From: Intrepid1	Read Replies (1) \| Respond to of 26850

Well, I know where 100 shares of buying came from. E. Charters was forced to cover his short position today. purething

To: paul centis who wrote (8165)	10/1/1998 11:32:00 PM
From: Chris A.	Respond to of 26850

Hi Paul, I don't think a pipe has been hit yet, but here's my best guess. It has do to with this statement from the last news release... "In addition, two holes are planned to test whether the NW dyke extends to the north side of Snap Lake, two widely spaced holes are planned to test the down-dip extent of the dyke, and two holes are planned to test additional features on the northeast side of Snap Lake that have been highlighted by geological mapping and interpretive work undertaken as part of the summer field program." I would surmise that the two holes to test the NW dyke extension have hit kimberlite. I would also guess that perhaps even the two holes planned to test additional features on the the northeast side have also hit kimberlite. Depending on where the holes were, we could easily see potential dyke tonnage doubled. Of course, this is just a guess... If so, a news release should be coming soon. Chris