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


To: D.R.A. who wrote (18999)5/3/1999 6:46:00 PM
From: maintenance  Read Replies (1) | Respond to of 26850
 
Hi,

Why 10%?

Cheers



To: D.R.A. who wrote (18999)5/3/1999 9:16:00 PM
From: whiskeyjack  Read Replies (1) | Respond to of 26850
 

D.R.A.; Don't forget to add in 1.14 c/t to your calc.
I think 1.14 is low too, as overburden in pit #1 brought
that down. I think you will see a grade north of 1.5 c/t
as pit 2 came in at 1.4ish without contamination.
Also, 1200kg of CF came with .747, .691, .469 Carat stones
in a needle in the haystack drill core. That alone
is 1.6 c/t on widely spaced holes (no pit concentration)
without the rest of the stones in that sample. Some
people are going to be extremely pissed when they sold
out without opening their eyes and mind.
cheers, wj



To: D.R.A. who wrote (18999)5/3/1999 10:53:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 26850
 
<<The questions that need to be answered are will the value hold up to the mini bulk samples? And will the grade hold up?>>

Those are the questions I am asking myself. But the most important one is: What are the odds that the value and grade will hold? If the answer is 90%, then the current market cap is way too low. But if the chances are 10%, then the market cap is too high. What is your guess on this ...50/50 ?

<<.. sheet or cone sheet ... many have a hard time with the concept of the cone sheet theory. >>

Just for my education, I have seen the representation of a cone-like kimberlite... but what do you mean by this being a kimberlite sheet or cone sheet...It would no longer be a dyke?