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


To: mineman who wrote (12806)1/20/1999 2:55:00 PM
From: The Fix  Respond to of 26850
 
Last time I checked, The CSO had two different price structures. All depended on the size of Ice. Guess in which price bracket WSP's ice will be in?

Keep trying.....It ain't working.

fIXER



To: mineman who wrote (12806)1/20/1999 2:56:00 PM
From: Gord Bolton  Respond to of 26850
 
What did Winspear say when you asked them about your numbers? Did you use the 1-800-number?



To: mineman who wrote (12806)1/20/1999 3:05:00 PM
From: Sudhir Khanna  Read Replies (3) | Respond to of 26850
 
Winspear has not made any statements regarding individual value of stones or regarding quality of the 1-5 carat parcel. From the January 17, 199 issue:

"...Without the consideration of the three large diamonds, the value of the remaining diamonds is US$83.26 per carat. This is higher than
the average US$60 per carat kimberlite pipe found in the NWT.
Clearly, this implies that the 22 diamonds recovered that weigh
between 1.01 and 5.00 carats contain gem quality stones. This is
significant and adds to our speculative conclusion that at least some
of the larger diamonds recovered from the winter program will be of
gem quality and thus very valuable."

In order to speculate, assume that the 159 cts. parcel of stones less than 1 ct. are worth the average NWT value of US$60/ct. You will find that, in my opinion, in this worst case scenario, the 1-5 ct. parcel must be worth US$170 or higher.

Sincerely,
Sudhir Khanna, P.Eng.
Editor, The RESOURCE INDICATOR
mailto:khannas@interlog.com?subject=WSP_FREE_TRIAL