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

To: Rocket Red who wrote (474)	2/10/1999 8:10:00 PM
From: freddy	Read Replies (3) \| Respond to of 1172

The Deutsche Bank report says in one sentence in their 7 PAGES of positive comments,"If we accept the $301/carat at face value,along with operating costs in line with the company's estimates,we estimate an NPV for Winspears share of the project of $780 million[CDN] or $17.35/share [using an 8% discount rate].This is based on mining a total of 14MM tons through 2015. It's a very positive report and maps out various scenarios on the economics of the deposit given a variety of grades and values. I would suggest phoning 604 687 6644 to obtain a fax copy,other wise you may have some trouble getting it. I would think if Europe is reading this tonight,it may have a positive affect on tomorrows opening,you can see what it did today.