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Gold/Mining/Energy : Winspear Resources
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To: Andrew who wrote (23107)7/17/1999 1:08:00 AM
From: Berry Picker  Read Replies (1) of 26850
 
Andrew I think the Technicals on WSP are looking excellent. I don't doubt that HTP etc. are much higher speculatives now that is Winspear. WSP is going to improve but they will have trouble making a big surprising find at this point. They siphoned off a lot of the really speculative stuff into Diamondex If you look at the weekly chart you will see that the oscillators like Stochastics are making higher and higher bottoms and has just crossed nicely to the upside. Also The trendlines etc. are becoming more dominantly intact. I think you may see a bigger bang for your buck in a more speculative play like the exploration play your into but I think WSP will see new high soon and stands a good chance of getting a real bonus "when" a buy out offer comes whether they accept it or not.
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