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


To: drj who wrote (13497)1/27/1999 10:21:00 PM
From: Mr. Oil  Read Replies (1) | Respond to of 26850
 
Well drj That was a 'd'own 'r'ight 'j'uicy post for your first one. Welcome aboard and thanks for the info. I like the fact that it is going to hit $40 on the way up. Nothing like a little expectation to wet the appetite. Your friend...holding his stock til we get to $100 maybe?

Ray



To: drj who wrote (13497)1/27/1999 11:20:00 PM
From: freddy  Respond to of 26850
 
Very interesting post.There's enough in that to get heads spinning.Do you see any relationship between that idea and the recent entry of Peter Brown and Jimmy Pattison [ both ex Aber players ]??

Change of subject.I'm surprised nobody's asking about the grade of the bigger stones that were included in the +1.18mm x 1.18mm NW Dyke drill core. There were 44 stones taken from the 6 samples.They only mention the 3 biggest as to size.That leaves 41 which were produced from the 1200.75KG.The 3 biggest totalled 1.907 cts. or 1.58817 cts/ton.

drj,ask your "WSP director friend" what the total cts./ton was on the stones that exceeded 1.18mm.

My guess is 4.5 cts/ton.
I would also suggest the reason it is not mentioned is that it is somewhat misleading in that the grade could not be maintained during "course diamond recovery".



To: drj who wrote (13497)1/28/1999 8:35:00 AM
From: Letmebe Frank  Read Replies (2) | Respond to of 26850
 
DRJ: Excellent of you to add some value to the thread! Question: You mentioned "a piece of information that I posted on the stockwatch thread" - could you post a link please? I have not found where you have been posting, and would like to go over the commentary.



To: drj who wrote (13497)1/28/1999 12:51:00 PM
From: Letmebe Frank  Respond to of 26850
 
DRJ: From Stockhouse: (Didn't see your post - this one was good though)

207.102.98.109

Todays trading of WSP has been led by market confusion as investors try to digest and understand the meaning of the extensive technical information that was put out yesterday. There will be a series of third party analytical releases over the next week or two that will bring out the true meaning of the information and any weekness in the data should be shortly well known. Indication from of the first assessments off the mark by "reputable" experts are finding the true meaning of the data to be extremely positive. It will take the next few days for the momentum to build as confusion wanes and understanding return investor confidence.

We must be careful not to mix or compare the information of this deposit which is a dyke or fissure with that of a diatreme pipe. I encourage everyone to become more familiar with dyke mining in Africa where much smaller dykes have been successfully mined for over 50 years. Dykes are much more consistent in maintaining grade levels but are more complicated to mine as the closeness of the country rock and the confining nature of the deposit make it difficult to get at and hard to mine in large quantities. I encourage people to visit the Rex Diamond site at:

rexmining.com

Click on the Information Button and then start at the top with the article on mining a fissure. Good graphics and photos makes a good likeness to this deposit at Snap Lake. Instead of being vertical the deposit is near horizontal, however one can easily imagine ways to approach and some advantages of mining on a gentle plane.

Peter Bullock



To: drj who wrote (13497)1/28/1999 2:23:00 PM
From: ddl  Read Replies (1) | Respond to of 26850
 
drj, nice to have you on board. Hope you meet that friend of yours often.
Looks like WSP is going to hold steady for a while. Shorts better have covered, reports are mostly positive.
WSP probably won't have much to announce over the next few months except perhaps one PR which says.
"Well folks, don't know for sure what it is, but it looks like, smells like and waddles just like the same stuff we got on the N/W pen, except this time we had to pull the drill cause we ran out of pipe!!!"
Harrr harrr Harrr, exciting times for these shorts.
BTW averagejoe = NEXT