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


To: marcos who wrote (13620)1/29/1999 5:22:00 PM
From: russet  Read Replies (2) | Respond to of 26850
 
Hi marcos and Fix:

Enjoying the rain, rain and more rain in Vancouver and the Cordilleran. Winspear geologists are biteing at the bit to get back to site...probably next week or the week after. They enjoy what they are doing and think this is the site that they will be hi-liting on their resume....HINT HINT.

Consistent diamond grades are coming from all holes, no matter where they are drilled into the kimberlite. 2.5 meter average depth of kimberlite where ever they drill and could be branching into more sheets as they near the BIG mag low in the northeast of the lake.

They intend to start drilling in the North to try and find where the sheet comes closest to the surface and take a bulk sample there. Also taking 2 bulk samples from northwest peninsula. 3 drills will be running continuously. Peppering the ice above the lake to extend the dimensions of the kimberlite sheet is a top priority.

Bulk samples are the key to $20.00 share price...if more chunkers come up like last time we are off to the races. Lots of excitement being generated by Winspear around their coreshack and seminar, and plenty of Debeers execs milling around having a good look.

The fix is in, I'm in and accumulating,....nice of the shorties and sellers to drop the price by ten percent, thinking of joining teevee in a trip to the bank for a loan.

Sweet dreams

russet



To: marcos who wrote (13620)1/29/1999 6:46:00 PM
From: The Fix  Read Replies (2) | Respond to of 26850
 
No major selloff. I'm of the opinion that WSP will trade sideways from now until the drilling is announc. Someone told me that SUF will not start drilling until the end of Feb. The Winter road took some time. I expect the same for WSP. Interesting to note that Gundy is turning up on the buy side of late. Does CIBC have a large retail clientel or is it mostly Brokerage induced?

fIXER......Sticks and stones......Yadda Dadda Da! <ggg>