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Gold/Mining/Energy : Winspear Resources

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To: .Trev who wrote (26473)	8/11/2000 12:18:22 PM
From: james flannigan	Read Replies (3) of 26850

Trev,very wise council.I would like to follow up with a quote by Warren Buffett when asked" when should an investor sell his good stock?" his answer " NEVER".Iam hoping Debeers will drop the bid for good, and let our managing partners RT develope our risky deposit.To follow When Warren Buffett was asked why in 1986 why he purchased COKE stock when the company was in so much trouble that the market thought was risky? He said " once we find a high quality asset that we think has a bright future,we do not see any risk even though the market tells us by the stock price that we are taking on a huge risk".Like buffett I see no risk in WSP.The only risk is in not owning any shares.

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