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


To: Valiant who wrote (545)2/13/1999 2:58:00 AM
From: fern1  Respond to of 1172
 
In my experience, the only time i have seen the type of coverage that has begun it leads me to believe that something is going to happen sooner that will make everybody take notice, good or bad. Chances are that we have already heard all the bad news in this case at this moment so i can only think that any news that comes out on the short term is bullish, so having said this i think all news to come out between now and mar. 30 will have nothing to do with results from the bulk sample.

However, I do think there are a few tidbits that will come to light in the meantime. Sooner than you or i think.



To: Valiant who wrote (545)2/13/1999 10:38:00 AM
From: whiskeyjack  Read Replies (2) | Respond to of 1172
 
Welcome Valiant; FWIW I think the near term news will
consist of 1. Drilling start. 2. Location of north shore
2000t sample (and other sample locations). 3. Depth of
K intercept on hole 98-19.
NR that could affect price greatly and could happen any
day (load the boat while you can) 1. Source located at
Snap or pipe hits at Hilltop/Carat. 2. I smell a deal
cooking with DBRSY/RTZ/ABZ/Nevadas for a piece of the big
prize that WSP controls. There are several combinations
but the underlying theme is DBRSY is left out in the cold
on both Diavik and Snap and aren't happy about it. They
probably will play hardball, with the trophy being several
billion $ and CSO control.
Longer term, June to Sept, release of bulk sample results
and confirmation of the size of the Snap monster. Wsp has
a large project this winter and I hope the weather cooperates
because a scaling back of the sample size due to logistical
problems should hurt the price, until the remaining sample
results are known. Good luck.
wj



To: Valiant who wrote (545)2/13/1999 11:15:00 AM
From: Sudhir Khanna  Read Replies (1) | Respond to of 1172
 
I expect to see a news release announcing the start-up of drilling next week. Three drills will be at the site.

From the Feb. 4/99 WSP Q&A issue:

"When can we expect the bulk sample results?

I expect diamond recovery counts by late second quarter or very early third quarter. Valuation results can be expected during the third quarter.

Can we expect any news before the bulk sample results?

Drilling should begin over the next few days [this week]. Drilling progress reports will be released as appropriate. Caustic fusion results will be released as available. Drilling to search for the feeder pipe should begin by the end of March, with results a few weeks later. Drilling on Hilltop should also begin sometime in March, with results taking a few weeks. We should see a regular supply of news between March and July."

Sincerely,
Sudhir Khanna, P.Eng.
Editor, The RESOURCE INDICATOR
goldsheet.simplenet.com
FREE Trial: mailto:khannas@interlog.com?subject=WSP_FreeTrial