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

To: Sudhir Khanna who wrote (12813)	1/20/1999 3:10:00 PM
From: Chad Barrett	Read Replies (1) \| Respond to of 26850

Walt and Sudhir, Thank you for the intelligent and factually based posts! The thread appreciates it... Chad

To: Sudhir Khanna who wrote (12813)	1/20/1999 3:16:00 PM
From: John Paquet	Respond to of 26850

Hey! Sudhir; Obviously, you are aware that this is a speculative play. In speculative play; safety of your working capitals is by all means top priority. You can not take it for granted by assuming what you just assumed. "To see is to believe." This $3.75 to That $4.85 can not justify buying cuz it carry too much risks. .43 to that $2.30 is much much safer. John Paquet

To: Sudhir Khanna who wrote (12813)	1/20/1999 4:46:00 PM
From: mineman	Read Replies (1) \| Respond to of 26850

Until management says different I will assume none of the 22 stones from 1 to 5 carats are GEM quality and so all value below $50/carat. I have to re-post as no-one has adequately explained the discrepency: Cts. --- U.S.$ per ct. 10.8 --- $1,500 8.4 ---- $3,000 6 ------ $1,500 4.6 -- less than $50 4.2 -- less than $50 3.5 -- less than $50 3.2 -- less than $50 3.0 -- less than $50 2.6 -- less than $50 2.4 -- less than $50 2.2 -- less than $50 1.9 -- less than $50 1.9 -- less than $50 1.8 -- less than $50 1.7 -- less than $50 1.6 -- less than $50 1.5 -- less than $50 1.4 -- less than $50 1.4 -- less than $50 1.3 -- less than $50 1.3 -- less than $50 1.2 -- less than $50 1.1 -- less than $50 1.0 -- less than $50 1.0 -- less than $50 Carat weights from 4.6 to 1.0 are estimated as management only said they recovered 22 stones from 1 to 5 carats averaging 1.9 carats. A few people who are saying the top 3 stones are radically different quality from the bottom 22 and the only explanation is that they originated from a different dyke or pipe. Is there another explanation?