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Gold/Mining/Energy : Winspear Resources

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To: wayne cath who wrote (26352)	8/2/2000 12:38:34 AM
From: Lorne	of 26850

Wayne - I'm not entirely convinced that the share price tanks when the bid fails, even if we don't have a bid to replace it with. I know that teevee is saying that it will though and on the technical matters he should definitely be listened to. Anyway I really can't see this thing playing itself out that way. DeBeers isn't going away if this bid fails and nobody else bothers to make a pitch. They'll up the offer because they desperately want these diamonds and will definitely go higher if forced to. I'd bet on it, I mean I have bet on it!

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