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

To: teevee who wrote (385)	2/8/1999 8:20:00 AM
From: james flannigan	Respond to of 1172

Teevee,I think your valuation of C$75 is reasonable if grades hold up at snap,and tonnage is proved.How ever I do not think we WSP shareholders mat ever see that price.Because of the fact that DeBeers is in our back yard and losing its grip on its monopoly in the daimond trade,IT is in my view that Db will not let us WSP shareholders get richer by the day,I would expect that before the bulks get to far along DB will make an out right take over,or some sort of a JV.If Snap has the goods,they can not afford not to have it.