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Gold/Mining/Energy : Winspear Resources

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To: .Trev who wrote (21150)6/19/1999 6:31:00 PM
From: gg cox  Read Replies (1) of 26850
 
To all.

I emailed Winspear this morning regarding the two day halt and here is their reply.

Date: Sat, 19 Jun 1999 15:09:28 -0700
From: Sophie Taylor <randgrp@helix.net>
X-Accept-Language: en
To:
Subject: Re: On the halt

The two day halt was unavoidable. Not all the results were back on Thursday
and they were still waiting for some numbers, Friday. I think Winspear had no
choice but to halt for two days. The tactics people had been using to get
"inside information" were astonishing. I've been with the Company for four
years and I haven't ever witnessed such invasive behaviour. The Company, the
V.S.E. and the resource industry in general could not have handled any mistakes
in reporting such significant news. I think the two day halt was totally
necessary to ensure 1) an even playing field and 2) maintain the Company's and
the industry's integrity.

Thank you for your comments.

Sophie Taylor
Corporate Development.
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