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

To: teevee who wrote (9075)	11/3/1998 2:11:00 AM
From: Abbeydale	Respond to of 26850

So, in the words of the late, great Freddy Prince... * Loookeen Gooooood Maaannnn! Sorry, product of the '70's :) A * of Chico and the Man for all you guys that were out getting stoned when the rest of us were watching TV (and getting stoned).

To: teevee who wrote (9075)	11/3/1998 4:57:00 AM
From: Bearcatbob	Respond to of 26850

teevee, Oh the curse of the engineering life. I have got in more trouble with actions like yours than you can imagine. Lord Kelvin made a quote something to the effect that you know little about something until you can measure it. Good luck, Bob

To: teevee who wrote (9075)	11/3/1998 9:28:00 AM
From: gg cox	Read Replies (1) \| Respond to of 26850

Hi teevee Some pretty wild assumptions in your post, it brings back memories of 2 hundred million ounces of gold in one project in Busang not too long ago.Wsp is still trying to establish the size of the dyke, going a step at a time, which is the right approach.GG

To: teevee who wrote (9075)	11/3/1998 2:19:00 PM
From: bill	Respond to of 26850

I, and I'm sure, everyone else on this thread, hopes you are correct with regards to tonnage. However, a number of us have been following the diamond play from the beginning. We've learned the hard way that theories and assumptions are just that. Anyone who was through Tli Kwi Cho does not want to go through it again. The companies involved and the stockholders were trashed. Maybe there is a cone shaped resource. Maybe each layer holds a lot of large diamonds. Anyone who has survived this long in investing in the diamond play has had to be nimble because there've been lots of theories (check up on Drybones, or the LTL property, or PUG, or WT)but when the drilling was done, the theories didn't hold up. Experience has taught us only to believe what is proven. If the market believed your theory, the price wouldn't be sitting at 2.00. It's waiting for proof. When the proof comes, as it may, then we'll get an appropriate price. One can set up a formula and plug in numbers but until WSP does a lot more drilling and proves consistenty of orebody those numbers are just guesses. I hope they're accurate guesses but I won't increase my position until I see some more drilling results.

To: teevee who wrote (9075)	11/3/1998 4:52:00 PM
From: Surething	Read Replies (2) \| Respond to of 26850

Hi Teevee, Better check your batteries! Your assumption that deposit can be mined 2500 m in down dip direction is flawed. Remember if the concentric cone theory is valid, (and I say IF) we only have Diameter of 2500 m to work with. ie we can only work to center- 1250/cos 12 degrees(or 1300 m down dip). Also your calculations are for a cylindrical, Not conical deposit. Im having trouble with the concentric theory, not nearly enough drilling has been done to ascertain this. If this theory is proven out, there would be an indication of possibly 40 million tons. If the pipe were found, this would add extra. Many are also betting on consistent high grade. Well see all the best Surething