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Gold/Mining/Energy : Winspear Resources

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To: wayne cath who wrote (26352)8/2/2000 6:32:39 AM
From: james flannigan  Read Replies (1) of 26850
 
Wayne,I can understand your thinking about tendering your shares for 15 cents on the dollar.This is exactly what type of fear DBRs plays on, the threat of " take our $4.25 or else we will withdrawl our bid".May be you need the money,thats ok then tender.The stock price the day after the DBRs bid is of no concern.Your company as clearly demonstrated that your investment in what will be the worlds most valuable diamond deposit ever found is now selling for only a fraction of its value.You have been luckly that you own a deposit,that sat there for millions of years undiscovered,that your partners WSPs management team found.Now those same partners that you have trusted over the past few years,have once again asked for trust in letting them decide the best rout to take for all of us.BYy selling stock at this most critical point in time,is to say I do not trust my partners judgement anymore.But keep in mind that RT and the gangs foutunes are tied directly to yours.This management team we are lucky enough to have working for us,is outstanding.The daliy or monthly stock price is not what matters hear,its the quality of the management we can hire for only $4.30 a share,that is true bargin. Have a good day James
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