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

To: Surething who wrote (9102)	11/3/1998 5:18:00 PM
From: teevee	Read Replies (2) \| Respond to of 26850

Hi surething, My calculator works just fine. 1. I said a radius of 2500 meters - not diameter. 2. I treated the shallow dipping cone as if it were a flat semi-circle. 3. The area for a semi-cirlce is pi x radius squared/2 4. I believe there are two and possibly three separate eruptive cone sheet centres at Snap Lake (ie. IMO my potential tonnage/resource number is conservative). 5. I assume you don't have a background in geology/exploration as you seem to be having dificulty with the notion of a cone sheet and the tacit implications thereof. 6. It is clear that you and others wish to treat and interpret/understand Snap Lake as a typical South African dyke or typical kimberlite exploration target. It is not. Sigh, I think from now on I will refrain from throwing anymore "pearls before swine". Good luck and best wishes to you in your market forays. regards, teevee

To: Surething who wrote (9102)	11/3/1998 6:01:00 PM
From: peter matson	Respond to of 26850

They way I look at it is this--we dont need 80 million tons to do very well financially on this stock. Ten to twenty million tons if the grade and value hold up will support a 10 to 20 dollar stock(remember speculation does make stocks shoot up past their final resting place). If Winspear ever proves up 80 million tons of the green stuff the stock should be worth around 100 dollars and I'm sorry but I probably wont be around that long to enjoy that ride. Personally I am a strong believer in this outfit and have put my money where my mouth is and will continue to watch this program unfold. Its funny that a newsletter writer think that the next few months will be a non event with all the information to come out and the announcement of the bulk sample etc. etc. etc. Many people seem to be placing a lot of weight on this 500 kg sample that is being analyzed. This seems amusing since the sample is so small and really shouldnt discount the 200 ton sample taken earlier. However if a large diamond was discovered in this sample it may give the stock a nice little push. Lastly this threat is a good guage of why the stock market works the way it does-greed and fear-. When the stock is going up you can feel the electricity on the thread when it is retreating you can almost feel the fear{maybe its just a little tension}. Regards to all even Bob