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Gold/Mining/Energy : Winspear Resources

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To: .Trev who wrote (22602)	7/7/1999 1:40:00 PM
From: dgz	Read Replies (2) of 26850

Here's what I really think RT is doing. I think he's going to keep on taking bulk samples - proving the value of the ore as he goes - until the big offer comes in. He will look like he's headed for production but in reality he's looking for the big buyout. As long as the bulk samples come close to recovering the costs of taking them, he'll keep taking them from different locations around the property. Face it, its a lot easier to take $50 or $75 per share in a buyout than it is to go through the hassles of hiring staff and developing a mine and dealing with all the politics.

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