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


To: Steve Joy who wrote (9116)11/3/1998 7:50:00 PM
From: Sam  Respond to of 26850
 
FYI... I look forward to TeeVee' posts they are very informative ,super was a little out of line and we should except his explanation and forget it
I wonder when we can hear from Walt again to see if he can add any light to this tonnage ,
If every thing is in place we should be hearing about the core samples this week
sam



To: Steve Joy who wrote (9116)11/3/1998 9:19:00 PM
From: maintenance  Read Replies (2) | Respond to of 26850
 
Teevee's comments interested me. I did some research into cone sheets, everything teevee said can be corroborated elsewhere. Only one snag, cone sheets have never been associated with kimberlite, but rather eruptive events, containing other material. That doesn't mean it can't happen with kimberlite, only that to date such a thing has not been found. One thing I found interesting was the reference to clay in cone sheets, is this the green clay? I'm not a geologist and I will stick to my current valuation of about $6.00 for now. My area is finance.

Keep us posted teevee, thanks

Cheers



To: Steve Joy who wrote (9116)11/3/1998 11:42:00 PM
From: Chad Barrett  Read Replies (1) | Respond to of 26850
 
<< do you guys really think it is possible to see 80
million tonnes? >>

Nope. Definitely not if it is just the dyke. Possibly if they find the pipe?

Although teevee's math may be correct for the assumptions he made, the drilling certainly hasn't tested the entire circular 2.5km radius cone dyke structure he refers too... not even close... so the odds of all of his assumptions falling into place seems to be small.

Having said that, even 10 million tons of dyke with the grades we have seen would be GREAT! Anything above that (up to the "theoretical" 80 million tons) would just give even more value to the stock. A pipe would result in a bonanza! I don't even want to think what the trading would be like if that happened!

Actually..... I DO want to think of what that trading would be like... *Big A#@ Grin*

Chad