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Gold/Mining/Energy : Winspear Resources

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To: The Fix who wrote (3439)	10/13/1997 11:18:00 PM
From: HARLEY II	of 26850

Hey small fix, I will attempt to answer your persistent niggling little questions in the order you scribbled them. 1.I know nothing about offshore accounts!!! 2.I will not now nor will I ever give out buy recommendations on any stock over the internet. I explained earlier a little about my investment philosophy regarding Winspear. Winspear is obviously oversold but the chart says it could go lower. Add in the tax loss selling you mentioned and this stock could be soft until mid December on technical factors alone. Winspear will become interesting when the Winter Drill program is announced. I personally believe we might see an announcement of a different deal before then. 3.) As for gathering in paper to squeeze the shorts. Do you honestly believe there are any/many shorts at these price levels to justify such action? Remember there are 30 million shares floating around on this baby. RT himself looks to have less than 1 million. In all the insiders look to have less than 15%. The rest is held by schmucks like you and me. 4.) On the optimistic side ABER has over 40 million shares outstanding and trades around $20cdn. All is not lost yet!!! HARLEYFIXESFIX

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