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Gold/Mining/Energy : Winspear Resources - Eric Charters Only!

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To: don jackson who wrote (95)6/24/1999 11:27:00 PM
From: E. Charters   of 99
 
sartin shore was.

and I liked what I saw.

Cannot say that Sayce is any advertisement to his company. Couldn't be more low key of you put him under the mat.

I think the discounting comes from their chief assets being in SA and Angola and the uncertainty there. That and the Messina is seemingly a giveaway of one of the biggies. But SUF made a good case for a big future and stressed that their diamond production Is burgeoning so you can undiscount that. I feel Messina and Klipspringer will make them a company. Outlays are only 20 million US per year for the next few but inlays will be big and getting bigger.

Angola can only be icing if things get straightened around there. As they will eventually.

Fundamentally bullish. Good time to buy.

EC<:-}
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