Westmin Resources(T.WMI) Message Board

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Gold/Mining/Energy : Westmin Resources(T.WMI)

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To: Bobby Yellin who wrote ()	10/4/1996 1:34:00 PM
From: Andy Edwards	of 63

WMI was already a good "value" stock, based on Zn and base metals mining. Recently it became a special opportunity: it is taking over Gibraltar mines (GBM, TSE) for its copper prospects in Chile. But WMI offered a premium price, found too high for some tastes, so the stock price dropped over $ 1 to a low of below $6. This created the opportunity to buy. It should recover at least to over $7 a share. In addition, WMI has a JV with ATNA (ATN). Their Wolverine work is what made good news recently. Thus WMI also now shows up as Au traders case. Things seem "above board" here, I hope, no manipulations here. So: WMI is a buy for hold. May be ATNA is also good for spec., but one sould do "due diligency" on it; I don't have much info, contented with holding WMI at least until he price of copper improves and the mine in Chile is built.

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