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Gold/Mining/Energy : Winspear Resources

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To: wayne cath who wrote (26465)	8/11/2000 11:48:27 AM
From: .Trev	Read Replies (1) of 26850

"<Why have we not had another bid? >" Because the time is not right, and because the major players of the world do not allow one aggressive opportunist to set the schedule for everybody. We are not in this for to-day's or to-morrow's spike but rather to achieve the true value of the discovery. Wayne you know in your heart that this is the case. Take out the dreams of two years ago and dust them off. Then it was just a hope and a prayer. Now RT has converted it to reality. I won't set a target price for the same reason the WKs will not put together bids, because it's premature, and as we all know that can lead to weakness. When the time is right we will see a fight for the ownership of this property providing that we have the strength and tenacity to hang on to what we have. I, like Clark Gable in gone with the wind "Frankly don't give a damn" what the price does in it's daily fluctuations.I made this speculation because I thought it was going to be a mine and now as far as I'm concerned it is a mine, and nobody is going to SUCKER me into giving it away. This investment now that it has achieved status has the capability to return a significant proportion of $4.25 every year for more than twenty years IMO. Congratulations on clearing the first hurdle now you only have to jump the rest and make it round the track and you'll have a fortune. Cheers Buddy Trev PS read the latest DeB letter. If it's o risky and unknown why are they so determined to have it?? The answer is because they with their skills and expertise have jumped to the conclusion that it is a massive winner, and they have the nerve to insult us all by assuming that we are stupid, as you would have to be to acceot their bid.

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