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


To: .Trev who wrote (15626)3/10/1999 10:09:00 PM
From: Digger  Respond to of 26850
 
I am not sure. He mentioned holding a chair which Dr. Bob had held so I assume he was at U of Alberta. Whether that is at present or in the past I do not know.

He referred to Diamondworks and Talka Gold ( I think), he is not connected to Winspear. He talked about how diamonds surface in a different manner than gold and once you have a sample distribution of diamonds for one section of a dyke, it is a "statistical" certainty that the whole dyke will have the same distribution.

Gold is different and many set out and fill in holes are needed because the consistency varies by a considerable amount.

He asked Dr. Bob if he was explaining it correct, geologically speaking and got an affirmative answer.

Dr. Morton advised not to bother looking at looking at the stock day by day because that is not important. Look at it weekly just for information and get on with your life until the bulk sample or new drilling does finds the source. This thing looks even more like retirement. The biggest fly to worry about is a takeover bid and that could happen if Winspear gives out too much data or the bulk sample results are as positive as the geology boys think it will be and Winspear does not have financing for the next step in place.

IMHO a bid will not wait for the sample results because they will be too positive and no one will sell. I would not be surprised at a bid anytime, this is the only time the weak knees will part with their shares for a pittance. There are going to be some very sad people who sold far too cheap, IMHO.