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Gold/Mining/Energy : Winspear Resources

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To: peter matson who wrote (23470)7/22/1999 3:32:00 PM
From: Shaw  Read Replies (2) of 26850
 
Hi Peter,

I agree with you re: long-term holds for stocks that you believe in! Sage advice for sure, however, I am trying to hash out what is happening today with russet and Andrew (TA etc/sharing info from people that watch this stock all day, every day) so I can find an entry point or make a plan of attack for when a buy order is most prudent.

I am not sold on the WSP story, yet, and I disagree with you about the market not placing full value on WSP. It has a pretty hefty market cap. If that cap goes higher in the long run we shall see but I am more concerned about today and what will happen in the coming weeks.

Best o' luck for the long term and I may join you and own this thing someday as an RRSP hold.

Dean
PS: It's just my style of investing. SUF is my long term diamond hold. It's hard sometimes to see its share price etc. and I get frustrated as well esp. when it is the 4th largest diamond producer in the world, and I am bullish on it always. Yet, I buy and sell it at different points in the hopes of lowering my average cost.
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