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Gold/Mining/Energy : Winspear Resources

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To: GOLDIGER who wrote (4018)	11/16/1997 10:01:00 PM
From: skelly	Read Replies (2) of 26850

When mpv hit 5034 there were only 2 other discoveries prior -dmm and abz. As a result mpv spiked to 9.75. As more discoveries are made the initial spike is lower and lower. ie aca . Als depends on # of shares issued. (mpv had about 13mmo/s at time of first pipe. I dont know how many wsp shares are issued) If wsp finds a pipe it will spike up a bit . if you trade for the short term then you can make a buck or two but you better be fast If you have followed mpv then you will know that there has been very little hype. Imo hardly any and as a result those in the know have been able to amass large positions (>10%) at very reasonable prices. even debeers as part of the JV bought1mm treasury shs of mpv 60% of the play wasnt enough for debeers and who knows what they have in this through other holdings. I still believe that as an investment mpv rates high above wsp..

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