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


To: Gord Bolton who wrote (8827)10/28/1998 1:38:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 26850
 
MGJ + %40



To: Gord Bolton who wrote (8827)10/28/1998 7:56:00 PM
From: donkeyman  Respond to of 26850
 
Gord: That was good stuff you reported on that Major General news release! Pulling that 12m sample from a "shallow instead of a deep lake" is excellent news. It looks like you were correct. If 80 kilograms contain 75 diamonds, one ton or a 1000 kilograms would contain 937 diamonds - 12.5 times more. So lets say DeBeers in a week or two report that those 75 diamonds contain 5 macros, (that's not impossible) that would mean 62 macros per ton.( I never heard tell of that before) Dia Mets $1 billion mine is only reporting 1 carat per ton, and big bucks are made on that. We'll have to keep our fingers crossed Major General, Ascot and Monopros scrape up a few macros in that excellent sample from Snowy Oil. If that turns out to be the case, maybe we can draw the conclusion that the further north you go in the NWT, the RICHER the diamond pipes.!! How is that for a plus for Victoria Island? What a crying shame they only had a shallow drill (12m) on that lake, that lake looked like the JACK-POT to me.??????