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

To: mineman who wrote (12948)	1/20/1999 11:50:00 PM
From: Tom Cat	Respond to of 26850

Here are my two cents on WSP that I've been in and out for the past two years. I am currently out, news next week are too risky in the current market mood, it might be good news but the downside potential is considerable larger than the upside potential (until the 6000 Ton results confirm the market assumption, IF). I understand that news on the last set of exploration results are due by Tuesday. I am sitting on the sidelines with cash.

To: mineman who wrote (12948)	1/20/1999 11:53:00 PM
From: Andrew	Respond to of 26850

I think this kills the salting theory. This Dr McCallum has put his stamp of approval on the diamond sample. From the most recent News Release. Diamond Study The parcel of diamonds recovered from the two 100 tonne kimberlite samples obtained from the NW dyke comprises 1,387 diamonds. A study of 1,291 diamonds from this parcel was undertaken by Dr. Malcolm E. McCallum, a recognized international expert with considerable experience in this field. The remaining 96 diamonds that were not studied in detail represent the smallest screen-size of diamonds recovered. Because plant recovery in this small size range is inefficient, these diamonds were considered to be unrepresentative of the size class and were omitted from the study. Although the small size of this diamond parcel precludes rigorous statistical treatment, Dr. McCallum considers that the observed distribution of the physical properties is statistically relevant. The main conclusions of his report are as follows: The various physical characteristics exhibited by the three large gem diamonds (10.82, 8.42, and 6.04 carats) recovered from the kimberlite are completely consistent with those observed in smaller stones from all size fractions. There is a strong correlation of morphological characteristics between diamonds recovered from each of the two sample sites. The number of large stones recovered from this sample is unusual but not unprecedented. Based on the high concentration of large diamond fragments in the +9 and +11 size fractions, as well as evaluation of size-frequency distribution curves, preferential breakage of larger, poorer quality stones appears likely to have occurred either by late magmatic or induced processes. Dr. McCallum subsequently has commented that some of the overgrowth features present on many diamonds in this population have not been reported from other localities in NWT and may provide a unique signature for diamond parcels from the NW dyke at Snap Lake. Winspear notes that kimberlite of the NW dyke is also unusual in its intrusive form and compositional characteristics of its indicator minerals.

To: mineman who wrote (12948)	1/20/1999 11:55:00 PM
From: Gord Bolton	Respond to of 26850

Minelassman, obviously you have not read what Kaiser wrote. You really need to go back and start again before you really put your foot in your mouth. Why don't you ask Kaiser if he has alleged that there is any salting going on? Come back later and tell us what he tells you or perhaps you could go to the trouble of referring us to a specific quote from Her Kaiser before you start telling us what you think that Kaiser said. Keep working on that math problem while you are at it. Kaiser has enough problems with what he did say without having others put words in his mouth.