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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (121)2/1/1999 7:09:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 1172
 
Andrew
Still low volume on Wsp and headed south.It may go lower before she
comes alive again.We got to see big volume for that.

PS You never no what the Spear will do.



To: Andrew who wrote (121)2/1/1999 7:14:00 PM
From: D.R.A.  Read Replies (1) | Respond to of 1172
 
Andrew,
Exactly what my analyst told me. I picked up some more at the end of the day. Thanks. It was posted either on this site or on wsp thread that an area of 400x400 (m) represents roughly 1 million tons of kimberlite or orangite. Has anyone done a rough calculation of tonnage, assuming continuity of thickness and continuation under Snap Lake, from what has been drilled to date. Since wsp is looking to prove up to 10 million tons, where could the blue sky end. One other question. At what point would the increased tonnage stop adding to shareholder value because of the time frame to mine it? (is that possible?)

thanks in advance,

DRA