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Gold/Mining/Energy : Winspear Resources

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To: E. Charters who wrote (13407)1/27/1999 2:33:00 AM
From: marcos   of 26850
 
Good to see that modesty is not dragging you down, Eric. And nice market example there with Diamet coming off from 60 bucks. Another one I remember is Arequipa running to 28 or so and falling back to 17 before the buyout at 30. There are a lot of stories. Winspear closed yesterday at 3.65, market cap of ~135mil. Not quite the speckie bubble of various others with much less.

Ok, I read the release - winspear.com
[there's a good map at the bottom of that page]

Looks like good consistency. One more step in a long process. Sure people sell the news, but there's more news coming. The bulk sample will give us a clearer idea of grade and continued drilling will define the deposit size and shape. In between other things are likely to happen, like for instance the waves of interest we've seen in the recent past. It takes a while for even what's known to sink in.

So I will stay quite long this one, I think ......... cheers ..... macros

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