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Gold/Mining/Energy : Winspear Resources

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To: SwampDogg who wrote (23239)7/19/1999 12:33:00 AM
From: Shaw  Read Replies (1) of 26850
 
Hi fuddle,

I'm a little lost on why you think this will be a $10 stock in 6-9 months. Teevee said "the speculation phase is over" in a previous post (and he seems to know the facts). News coming over the next period of time seems to be (like Confluence said) a confirmation of results etc that will have little material effect on WSP (ie nothing "new").

Analysts have the numbers (and have had them for some time now), yet WSP sits at a 20% discount to the pre-1st bulk NR share price (where people were speculating on $275+). Says to me the investing public etc. is happy with WSP at a market cap of 200M or so, with values/ton of $190.

I just can't see a huge upside for awhile. Your previous posts to me re: YRI were informative and well appreciated so I'd like to hear why you are so bullish.

Regards,

Dean

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