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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)
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To: Speirs, Robert who wrote ()4/12/2000 10:30:00 AM
From: Roman de Guzman  Read Replies (3) of 1321
 
I find it interesting for a newsletter editor to be parking here at Wayside forum and then talked about IWA as though he knew a lot about the stock. Canaccord newsletter also said that IWA was uneconomical when a feasibility study has not been done yet. Canaccord covers stocks from snow maker to high tech and seemed to know it all, yet majority of their recommendations went south.
I just lost my confidence on people who write just for the sake of writing.
I learned from my source uesterday that Homestake visited the property three times already and spoke to IWA about giving them 4 million shares in PP. A major gold producer in Homestake with senior geologists on its payroll will not be interested on this play if we are talking only about 2 million ounces in its property. They are also willing to pay much more than the current price of $2.00 a share.
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