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

To: Walt who wrote (17764)	4/6/1999 11:10:00 PM
From: Rocket Red	Respond to of 26850

Walt I think there are some people pissed at Winspear cause Aber's going to lose another 16% of Snap Lake.Not only that Aber Can't spin off Aberex now. Tough Luck but all should have bought Winspear. Cheers.

To: Walt who wrote (17764)	4/6/1999 11:30:00 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 26850

Hello Walt, It is spring down here on the prairie. We really don't have that many diamond mining experts down here and the ones that we do are very average. But we are getting a lot of our bird life back and some of yours passing through. Not much to do out on the prairie in the early spring so some of us just enjoy watching the birds. We have a lot of different ducks passing though and there are a lot of varieties. Most of the ducks prefer fresh water and we have a lot of fresh water lakes and ponds here. We also have a few salty ones, too. Some of the old mud hens seem to actually prefer the salty sleughs to pure clean water. The funny thing is, is that these particular mud hens don't fly straight, they fuss a lot and they quack up.

To: Walt who wrote (17764)	4/6/1999 11:41:00 PM
From: D.R.A.	Respond to of 26850

Walt, From his own successes I think he would have run wsp into the ground. Pun intended. regards, DRA

To: Walt who wrote (17764)	4/7/1999 7:14:00 AM
From: E. Charters	Read Replies (2) \| Respond to of 26850

Well it's easy. First of all determine the probable grade from drilling different portions of the pipe or dyke and doing the thermometry. After about 40 holes and 320,000 on drilling and 200,000 on geology I would be able to say what the grade was over the mineralized portion within a very close percentage. However I would not know the value at all. For this I need a bulk sample. It was apparent to me in 1996 that the boulders on the west side of Snap Lake came from the dyke and I said so in my newsletter then. As a matter of fact I was the only journalist who knew where Snap Lake was at the time. The bulk sample could have been done by a portable panning plant as the only diamonds I would have to recover would be the very large ones. Total cost for the program, the ramp, plant and all would be about 2.5 million dollars not including the preliminary drilling. These companies way overspend because they are working with OPM whose value they disregard and they are feeling their way. They have not done enough scholarly work or strategic thinking to determine the best way. Add in that most of them are not at all honest and you have an enormous expenditure to find out very little. EC<:-}