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

To: peter matson who wrote (11500)	1/11/1999 8:56:00 AM
From: Andrew	Read Replies (1) \| Respond to of 26850

Hi Peter, I believe you are right. Most of the rest of their production is industial quality and Walmart quality. Now I've heard it all, News letter writers waving caution flags because there are large diamonds which may contribute a large portion of the value. No chit. Say 75% of 69000 for 3 large diamonds = $51,750 = $2070/carat Remaining 25% (204 carats) = $17,250 = $85/carat Even 85/carat isn't bad but I question whether that high of a value goes toward the three large diamonds. WSP has not released any info about the other diamonds over 1 carat. In the release they say there are an additional 18 diamonds over 1 carat. IMHO there must be a few somewhere between 2 and 6 carats its only logical but WSP management has not released the details. My opinion is that certain news letter writers in discussions with WSP were not given info to report and are not happy now. Andy