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

To: The Fix who wrote (14074)	2/9/1999 1:58:00 AM
From: Taz	Respond to of 26850

Fixer: Back at ya. There continues to persist on the street some interesting speculation regarding the facility that will ultimately process this years bulk sample, and while Lupin continues to undoubtedly be the odds on fave, some of the boys are throwin' wild money on a couple of other, possibly still in the running, potential locations, (inner sanctum coffeeus decorum dictatum silencio fornowo), but anyone with half a lick of grey matter shud be able ta figger out at least four other potential facilities. Should it go to someplace other than Lupin it could easily affect timing positively or negatively. Rumoured developments regarding the circumstances of at least one site boost the odds a bit. Not to worry, its all just part of the local game of prediction of events and the scuttlebutt on factors affecting those events, based on who has the best intell. Good fun though. L8er Regards Taz P.S. Nice to see yer still here through all the crap. It nice to click aboard after a bit and still see a pleasant, familiar, logical, stable, handle with constructive posts.

To: The Fix who wrote (14074)	2/9/1999 10:03:00 AM
From: Dave M	Respond to of 26850

Sophie responded to GT's questions/requests that I e-mailed to her as follows: As per our press release, dated January 15th, 1999, details of an independent diamond audit, conducted by Dr. Malcolm McCallum, were announced. All evaluations of the stones have been from independent experts. The January 15 and January 26 press releases disclose in detail, all pertinent information regarding the stones todate. In the Management Discussion of the company's last financial statement, the bulk-sampling and it's "chain of custody" is outlined The Quarterly is as of September 30, 1998 and has been in the public domain since the quarterly was filed, November 27, 1998. I quote: " Winspear obtained 100 tonnes of NW kimberlite dyke material from each of two sites about 235 metres apart for a total of 200 tonnes. This material was flown to Yellowknife for treatment in Daivik's kimberlite processing plant. Diavik personnel, under Diavik's security procedures operated the plant. One consultant acting on Winspear's behalf together with a Winspear employee experienced in diamond identification / sorting were also involved during the sample processing. Brinks transported diamonds recovered from processing this sample directly to Antwerp where three independent valuers recommended by our joint venture partner valued them". As for clarity, cleavage, transparency - I'm not sure what you're asking. Cleavage is not a term applied to rough diamonds, to "cleave" a diamond is to start the cutting or faceting process and we haven't got to that stage yet! As for clarity/transparency, the fact some of the diamonds have been described as "gem" illustrates that the desirable charachteristics (clarity, colour, carat ) are present. Dave M