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

To: The Fix who wrote (13414)	1/27/1999 2:30:00 AM
From: Walt	Read Replies (2) \| Respond to of 26850

Greetings all, The trouble with statistal results the nays will take them as nays and the yeas will take them for yeas. A. The three stones in the drill core 0.747 carats, 0.691 Carats and 0.469 carats aren't bead for drill core results. B. The counts of the small diamonds from the two test pits average 27.85 for small 681.5 for next size and 17 above. c. If you compare those numbers with the drill holes they look not out of line. As an example lets just take the large fraction the pits returned 17 adjusted while the drill cores rounded 37, 57, 12. 41, 12, 24, 0, 30, 0, 94 and 24. The two zeros came from core intersepts with out many kg of material. The larger the kg recovered the better the large counts. That is signifigant. Average them all out including the two zeros and you get 30 from the cores compared to 17 from the pits. D. You can do this with the various counts and the cores would appear to be statistically similiar to the pits. So the kimberlite wherever it was tested returned a diamond count. The nay sayers will say it proves nothing and the yeas will say see its consistent. From the past news release the small diamonds in the pit samples had an average grade, the three large stones upped the grade considerably. But the small diamonds did carry value and people forget that. If the small stones compare with the large stones and we are told they do then you have the yea. If you think it is all a hoax then you wont be convinced untill after they start mining. Such is the war of words. Tomorrow will tell what the stock market thinks. regards Walt