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Gold/Mining/Energy : WillP Speaks on Winspear -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (43)2/22/1999 8:38:00 PM
From: teevee  Respond to of 177
 
Chuck,
Neither Lee Barker or Chris Jennings would ever say anything I'm sure, but I just can't help wondering how many shares of Winpear that SUF or its priciples might have purchased to date? As each day passes, the tape is telling me that more and more shares are quietly going into various strong hands (no wonder packrat is going crazier by the day-ha ha).
regards,
teevee



To: Chas. who wrote (43)2/22/1999 8:44:00 PM
From: average joe  Read Replies (1) | Respond to of 177
 
the source for a dyke is a feeder about 10 inches round, I hope
you have more to shoot for than that. A blind pipe? I'm not
sure what that means, but pipes and dykes are not related...

Enjoy it while it lasts and make many $$$CDN Dollars.

average joe



To: Chas. who wrote (43)2/23/1999 11:51:00 AM
From: teevee  Read Replies (2) | Respond to of 177
 
uthor: teevee -- Date:1999-02-23 08:43:42
Subject: apples and orangeites

I believe Mr. Kaiser's comments deserve a comment
.

"Mr. Kaiser's general assessment of the Deutsched
Bank Securities report is that it is "pretty good." He
does have some strong reservations asbout some
claims, however. In particular, he points to a
statement appearing on page four of the report: "It is
our experience, however, that getting lucky with one
diamond is possible, but that with three stones each
carrying a substantial part of the parcel's value the
likelihood that the very high valuatiion obtained for
the Snap Lake diamonds is grossly inflated is we
believe, small." Mr. Kaiser says, "that is complete
nonsense." He notes that diamond populations have a
random distribution....."

I suspect Mr. Kaiser is confusing Diatreme facies
Type I kimberlite with hypabyssal Type II kimberlite
(orangeite). Typical diatreme facies develope under
extreme phreatomagmatic conditions. These
conditions generally result in variable and significant
dilution from country or host rock, diamond
breakage, resorption etc. The explosive mixing with
country rock does lead to random distribution of
diamond within diatreme facies, and different
diatreme pulses. In sharp contrast, the emplacement
process of hypabyssal type II kimberlite, whether
South African style, near verticle dykes, or shallow
dipping ring dykes (cone sheet) at Snap Lake,
geologically infers rapid cooling, comparatively less
dilution, much less diamond breakage and resorption,
and grade continuity. CF results idependently support
grade continuity. In fact, it is the very consistant grade
continuity of Type II kimberlite dykes in South Africa
which allows mining and development with a high
degree of confidence once grade and value per carat
is established. regards, teevee