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

To: Sam who wrote (18564)	4/25/1999 8:39:00 PM
From: teevee	Read Replies (2) \| Respond to of 26850

Sam, I am holding for valuations expected in August sometime and here is why.....First, I expect the grade to come in at around say 1.52 carats per tonne....second, valuations can then come in as low as the valuations at the Bellsbank mine at the $225-250 per carat range, average value(it is the plus 4 carat stones and the relatively rare 30 to 100 carat stones that boost the average value at Bellsbank).....if the bulk sample valuations average $US225 per carat at a grade of 1.52 carats per tonne, we could match the mini bulk sample at an implied dollar value per tonne of $US342.00(I expect better numbers but I don't want to agitate the boo birds again).....that would IMO send the WSP stock price through the roof.....unfortunately, many will either get shook out or tired of waiting..... regards, teevee