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

To: james flannigan who wrote (16174)	3/20/1999 10:43:00 AM
From: Rocket Red	Read Replies (1) \| Respond to of 26850

James Abz buyout. I think first the enviromental concerns will first have to be addressed.Aber Pipes are in the main river system.This will be no easy task even for Rtz or De-Beers.Rtz now Drilling other propertys Suf,Iml,and maybe DHK blocks.This in my opinion is why Aber may sell out.I have my doubts if Aber is bought out soon.Franco Nev Boys buy for investment purposes as well not unless they plan on getting into the Diamond business themselves.Also If Aber loses another 16% of Snap Lake things may get real ugly for Aber. De-Beers would love to control the NWT Diamonds thats there business and they are the cartel in the Diamond world.In years down the road De-Beers may have the artic sowed up.Who Knows for sure what will Happen.But one thing we do know is the Artic Diamonds are amoung the best in the World. PS Keep your eyes peeled on Gerle as drilling to start Around April 3 At Blob Lake. PS2 Now with Aber & Winspear Going to Court the for sale sign will become a problem.If De-Beers were to buy Aber you can bet they wanted the 32% of Snap lake as well.