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

To: chummer who wrote (199)	2/2/1999 9:32:00 PM
From: russet	Read Replies (2) \| Respond to of 1172

Hi Buffalo Bill: Late June was last year, when Winspear was cash poor, and not on the radar scopes of all the big mining companies and brokers. Winspear has also been on a big learning curve and the second time round is going to go a lot faster. I see late April to mid May as a likely release date for bulk sample results this year, and the drill stepouts to hit more kimberlite and prove up more resource will come before that. If weather conditions are favorable one of the bulk samples could be processed before that. Winspear gets results on caustic fusion from drill cores on an ongoing basis and will be updating the interested majors on an ongoing basis. A buyout with restrictions could come before the end of this month from this information alone. We don't have long to wait. Winspear is motivated and if you want to see how fast a motivated company can work, look at how fast Arp is pumping out the drill hole data with Barrick breathing down their neck. russett