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Gold/Mining/Energy : Winspear Resources

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To: Berry Picker who wrote (25219)	1/13/2000 9:37:00 PM
From: dgz	Read Replies (2) of 26850

If you've been losing like I have - it's gambling. Tried to catch a few momo stocks recently like GFX, SFU, FNV, and MEO but with little success. I'm thinking MMI is the place to be right now - diamonds (WSP)and natural gas (ELH) just don't seem to be in vogue no matter how good the prospects are. Can't figure out why the market doesn't like them but you can't win a fight with the market. I think WSP will continue to move up over time but no big moves should be expected unless a buyout offer is made. If going into production is this companies destiny, then it will be a slow steady climb to whatever multiple the market gives it to earnings...so in a couple of years we should be at 3 or 4 bucks. If they change the name to wsp.com those same earnings would have us at $300. It just seems to be a fact of life right now. Natural resources are out and .com's are in.

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