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

To: DIAMOND JIM who wrote (17697)	4/6/1999 2:44:00 PM
From: jack hampton	Read Replies (2) \| Respond to of 26850

Agree Jim. I got on board yesterday AM when I heard they were going to do a roadshow in Europe. Looks like easy pickings from a mining perspective also. Page down to the bottom of this URL.... mimholdings.com.au I laid out McArthur River in the Northern Territory of Australia in 1992 while working for MIM. It's a 20 degree dipper averaging 3.3m thick over 1.0km by 1.5 km. Producing at over 3,000 tpd now as you can see. Dead nuts on what we predicted in the FS for tonnes and grade. Higher SG than WSP and likely much better ground but the ore value there was only in the $A80/t range after all the thieves (smelters) took their cut. We ran a 350km natural gas line into this one and built it all for $A250-$A300M range. I'm still missing some vital parts of the WSP story but I'm not in deep very much.