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


To: Chas. who wrote (9737)11/26/1998 11:20:00 AM
From: George J. Tromp  Read Replies (2) | Respond to of 26850
 
Hello chuck., first of Happy Holidays to you .
This thread is big enough for all IMHO., all opinions are welcome.,
I veiw Eric Charters at the extreme of skepticism., Teevee the extreme of optimism., my self., some where in the middle. the chairs
have been filled many times on this thread. No problem., that is the
way of the net and SI. In regards., to your specific questions.,
the 500Kg sample of kimberlite from both bulk samples represent
statistical evaluation going forward., that portion of the results is immaterial. However the 41 drill holes spaced out over the 670,000
ton area is important. The micro/macro relationships should exist
relatively the same as the bulk sampled areas. If I dont see this
relationship in Winspears results., I will be selling my posiiton on release of the news.
ASSUMPTION BEING: The 670,000 tons wont support the bulk sampled area.
The Lake area., the other 670,000 kg area into the lake. If the land
based area is not consistent., then little can be inferred into the lake
as well.

Now the 22 drill holes in the lake., which Winspear has failed to report., breeciated small diatremes., indicates they are sitting on the
results., why., I have no idea., but for the single phase enthusiast.,
of massive tonnage., it raises questions in my mind., why the holes
have not been reported. Maybe it will be sorted out in the scheme
of things or duly implied in their press releases.

My view is taken., firstly because if Canadians truley want to bring
this industry back in investors favor., they should start doing it by
speculating what can be factually stated either via the company or
via their news releases. Not a popular view when one considers most of these VSE stocks would disappear from speculators minds without
promotion.

In a nutshell., all the promotion is good., it keeps interest., but the only
thing that will determine where this stock is heading is concrete results released via the company. That is my segmented view of this
company and where it is at., cutting thru the hype., the bull., the stakes if they are successful will be high., and the share price will reflect
it IMHO.,
These are areas which people should be concentrating on., and not
loose sight of where this stock is fundamentally..
Sincerely
George J. Tromp
DCHRReport..