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


To: Letmebe Frank who wrote (9446)11/16/1998 11:32:00 AM
From: Digger  Read Replies (2) | Respond to of 26850
 
I expect the core samples and the 500 sample results to be announced any time but they will be talking about small stones with little or no commercial value for this sample. As others have noted on the line this will provide some estimate of consistancy for the area sampled but this is the only importance.

Winspear people are shifting their focus from exploration to mining at this very time and are concerned about having the financing to make this major move. At the present price someone could gain alot of control at a very low price. I do not think we want that to happen. QUIT SELLING!



To: Letmebe Frank who wrote (9446)11/20/1998 12:11:00 PM
From: Digger  Read Replies (2) | Respond to of 26850
 
I do think that the 500 kg results will be announced very soon with the core sample results announced before very long. The 500 sample should produce around 1000 diamonds, macros and micros but in real terms these are not commercial value. I hope Red is right thinking that there are more big stones to announce but I do not see how.

I don't see how the announcements will tell us much more than we already know but I guess it may give more evidence pointing to the same conclusion. We need the 5000 sample to tell us that a mine is on the way. That is the only announcement worth waiting for.

Sophies quote ended where I ended it. She answered two more questions but the information has already been presented on the thread, I just wanted to hear it from her. She is really good at answering questions through Email.