Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr. Oil who wrote (18895)	5/1/1999 9:58:00 PM
From: Rocket Red	Respond to of 26850

Ray I agree 3 strikes at 4 bucks and your out.I think the selloff will continue As the nr did not hold any surprises in it and most already new the tonnage as we all no tonnage is not at issue anymore they have lots of tons to support a mine. The samples at Lakefield from the 3.5inch cores will be the next key Data to Snap Lake as these samples are from the lake itself and if they can produce some 1 to 5 carat stones in those cores the market will respond on the other hand if those results don't show lots of stones or bigger ones the market again will sell off.I myself don't have a clue where Winspear will go now but I may just sit on the side lines and see what those 3.5 inch cores will bring and if I have to buy back at higher levels so be it. PS Most people right now could careless about mining stocks and the big money is jumping into Internet stocks Its too bad about Mining Stocks but I guess they had there days and now the Internets are having there's. Cheers.

To: Mr. Oil who wrote (18895)	5/1/1999 10:50:00 PM
From: Digger	Read Replies (1) \| Respond to of 26850

I have it on good authority by a geologist who did some calculating that Winspear has confirmed potential tonnage of 40-50 million tonnes. He also estimates that much more than estimated is accessible from the land. Would WillP please diddle the data and see if you can confirm this estimate? He also expects other geologists to be able to arrive at the same conclusion and espects big money to start coming in very soon. I am with Red at waiting for lower prices to get back in but am not going to wait too long.