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Gold/Mining/Energy : Winspear Resources

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To: .Trev who wrote (19984)6/10/1999 3:58:00 PM
From: bill  Read Replies (2) of 26850
 
Bulk sample results should be on June 15. I haven't been posting
because I sold out at 4.93. No stock, no comments. However, given
todays freefall, I just thought I'd mention that security is so
tight that a broker called me looking for information. It's
usually the other way around.

The opposing camps, not on the internet, but among the brokers
is, as follows:at 5.00 WSP is fully valued; at less than 5.00
the stock is a bargain because the WSP people are so confident
of their results.In other words, nothing has changed from what
we've been hearing for months now.

My call at 4.93 looks good at the moment. However, good results could make
it look like the mistake of the decade. I'm now watching
for an entrance point. There is a strong support line at 4.20
and then a very strong support line at 3.80. If tomorrow continues
the sell off, if CC begins serious buying, I'll probably buy back.
Unless there has been a leak,and the volume doesn't seem to indicate
that, there could be a run up between now and the results.

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