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

To: Tony O who wrote (11579)	1/11/1999 3:49:00 PM
From: peter matson	Read Replies (1) \| Respond to of 26850

One has to look no further than what happened to Southernera to realize that Debeers is capable of almost anything in order to get their way. Regards

To: Tony O who wrote (11579)	1/11/1999 4:07:00 PM
From: ddl	Read Replies (1) \| Respond to of 26850

Thanks Tony... agree; The facts about WSP are solid, the story line consistent and supported all the way to a hoped to be good conclusion. WSP's exploration has been a steady build up of expected results with no surprises so far. I get the feeling, in supporting your post, that these 3x2,000 bulk samples will be the key to completing the feasability study because as was stated, mining open or underground what's under the penninsula has a 1 year payback which is very good. I'm assuming but from their last release, they appear to be proving up a mine with what they currently have proven with the probability of doubling it to 3.5-5mm tons and once under operation will simply expend additional exploration monies to prove up what they and everyone else feels they have. My strategy on this one is keep what I have for the long run as I don't expect the 4,000 bulk sample from the penninsula to be much different from what they already proved up, (consistemcy of the ore body) and that should be enough to open a very profitable mine. I also hope Kaiser and others can drive it down to $2.50 so I can buy more stock :-) - regards - denis