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Gold/Mining/Energy : Winspear Resources
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To: martin daniel who wrote (357)2/26/1997 7:07:00 PM
From: Tom Esau   of 26850
 
the reason i am still holding the stock after a 500% gain even though i have little knowledge of the diamond industry other than what george and others have informed us on this thread which i very much appreciate.

1) the company went through the merger with antler i don't think this would have happened if they directors did not feel there was substance to the project. no point in having control over nothing.

2) the insiders bought alot of shares in the fourth quarter of 96 as high as 2.90.

hope i am right normally my position would have been sold out long ago.

tom
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