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: Sudhir Khanna who wrote (18996)	5/3/1999 10:43:00 PM
From: Claude Cormier	Read Replies (3) \| Respond to of 26850

Thanks for you response Sudhir, Indeed I like charts and the trend is up on WSP. But my concern is more with the current market valuation of WSP which is in the $150M or so...versus the odds of the deposit being economic. No doubt, I don't have the expertise to evaluate these odds at this point in time... that is why I am asking. The tonnage part is no problem as it is rather straight forward. I can go as well with the uniformity of the micro-macro diamonds counts. But the later are not what we are after. Isn't it the consistency of the distribution and quatity of the large rocks, the most important issue. What if the coming bulk do not match the mini-bulk? It seems to my that most of the market cap is reflecting the hopes that the large diamonds will be uniformly distributed as well in the same quantity as they where in the mini-bulk. Am I right here ? Are diamondiferous dykes really homogenous in their distribution of diamonds. I recently went over the numbers at Marfonstein (SUF), I am sure you know that the grades there are getting lower with depth. If it is such for a dyke in SA why would it be differnt for a dyke in the NWT.