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Gold/Mining/Energy : Welcome Opportunites Ltd - WLO - VSE

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To: Buckey who wrote (17)	12/16/1999 1:56:00 AM
From: Gulo	of 27

I hope so. I went against my sworn principle of never chasing a stock and bought the last 1400 on offer. Wouldn't you know it - Haywood quickly put another 2000 on the block at 3.75. BTW my calc comes to $6.11 value per share, assuming the minor holdings haven't moved in two weeks. A lot of these 'fund' type companies trade at a huge and volatile discount. That's O.K. for the very long term holder, but makes guessing short term trends tricky.

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