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Gold/Mining/Energy : Winspear Resources

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To: Surething who wrote (5062)2/5/1998 1:43:00 AM
From: The Fix  Read Replies (3) of 26850
 
Shorting ABZ.....HMMMMMMMMMMMMMMMmmmmmmmmmm!!!!! Very interesting "Shorthing".

I think that ABZ is a good short at 18 1/2 to 19. I think that this company has some stormy weather ahead with:

1. The Gov't and Environmental issues
2. The Native people of the NWT
3. Demise of Cash in the kitty

1. Have you ever heard of the Gov't acting quickly on anything! Their will be some red tape ahead for ABZ. The politicians will need to be greased some more with Fact Finding Junkets to South Africa and some tropical destinations for meetings/conferences etc.
The Hippies of the NWT's will be up in arms with the draining of the lake and all that greenpeace B.S. Politicians hate demonstrations and Bad P.R.

2. The Native peoples will want a bigger cut of the pie (pipe). Not just some catering contract as dipicted in ABZ annual report. The Boys at Aber will need to smoke the peace pipe with the Chiefs before the blue skies are above Diavik.

3. Aber has lots of cash in the til but it also has alot of obligations to meet in the next three/four years. This is a factor to consider. It is a race against time here.

You follow "options".....Keep your eye as this is a good indicator.

Another good indicator is when "The Guru" increases (and intensifies) the amount of posts from say eight to ten per week to three or four per day. This is a good sign of Pump and SHort before a N.R. is to come. Like I posted before this feature of "Peoplemarks" on S.I. is a handy little thing to read between the lines.

Shorting on the "Uptick" gives me a "Woody"!!!!!

FixDUDE
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