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


To: Confluence who wrote (18267)4/14/1999 9:24:00 PM
From: Andrew  Read Replies (1) | Respond to of 26850
 
Hello Confluence, I think the market is mostly resigned to the fact that WSP appears to be a very rich dyke/fissure. Any pipe like intersections would be wonderful but are not neccessary at this point to satisfy the market. Big stones from the bulk sample are what the market needs to really take this one higher.

Andy



To: Confluence who wrote (18267)4/14/1999 9:33:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 26850
 
There are 5 Drills turning
4 on Snap Lake
1 drill on hilltop.

Don't ecpect any news till Annual meeting.
Lakefield results will be in.

Cheers.



To: Confluence who wrote (18267)4/15/1999 12:45:00 AM
From: teevee  Read Replies (2) | Respond to of 26850
 
Confluence,

<<Any thoughts on this email? Is the hope of a pipe gone? What are the expectations from the cores presently at Lakefield? I hate to say it, but, man, these guys who've been hoping for big stuff, what are they gonna think?

Why was WSP up today?

More Confused,>>>

Ya I do have some thoughts on the e-mail:
1. Drilling at Snap Lake is proceeding according to plan
2. There is at least one vent/pipe which was a feeder to the cone sheet....feeders under conventional kimberlite pipes typically narrow to about 30 meters in diameter....however, what is interesting, is that we don't have any empirical knowledge as to what size a feeder for a group II kimberlite cone sheet could be....it could be like the feeders to a pipe and be only 30 meters in diameter or so....or, it could be a lopolith with up to a half billion tonnes in it....I'm betting it is the former...Snap Lake doesn't need a pipe anyways....unless its a monster of course:-)
3.Th CF results from the cores at Lakefield should show consistancy with prior results....
4.big stuff? that will come with the processing of the 6000 tonne bulk sample....
5. The stock price was up today because there were more buyers than sellers in the market at a given price, so the buyers had to pay more....

I hope that calms you down, seeing how you seem to be the nervous type....alternately, if it seems to be going over your head, you can always sell eh?

regards,
teevee