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


To: .Trev who wrote (8696)10/23/1998 12:10:00 PM
From: teevee  Read Replies (4) | Respond to of 26850
 
Hi,
Not necessarily. After careful review of WSP releases, IMO, it appears that WSP could be drilling into is a cone sheet(concentric, circular, inward dipping dykes)! Quite often, the conduit pinches off, meaning there likely is no pipe, however, the "blue sky" tonnage potential of a cone sheet could easily 30-40 million tonnes. Hmmm, lets see now....2/3 interest....if further bulk sampling confirms grade, WSP should easily be worth at least double of Diamet. I think I will hold my position now.