WINSPEAR FACTS-NOT HYPE Message Board

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Gold/Mining/Energy : WINSPEAR FACTS-NOT HYPE

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To: Chas. who wrote (64)	10/26/1997 6:47:00 PM
From: VAUGHN	Read Replies (1) of 135

Hello Chuck *OFF TOPIC* I think MPV have alot of shareholders who have been holding on for a long time and desperately want to see it move up. I don't have all the information infront of me, but as near as I could tell, original MPV shareholders have seen their stake significantly depreciated by the amalgamation and Monopros deal. What are they left with in real terms, 10% of the play? What is the share float now? The information supplied to date from Monopros is certainly better than a sharp stick in the eye, but it is very little of the picture. The numbers are not all that great and I do not believe I have read a characterization of the "goods". Are they 35%, 23%, 5% gem quality? The original 5034 pipe was not going to support a mine despite its size because of the poor quality of the goods. How deep is the water where these new pipes were hit and how far from shore are they? I have never found MPV management to be completely up-front with its shareholders and in some cases, they have been, shall we say, slippery. Regards

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