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Gold/Mining/Energy : Winspear Resources
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To: Waverider who wrote (5846)5/2/1998 9:58:00 PM
From: robert marshall  Read Replies (2) of 26850
 
Waverider,
I thought this was going down because I do not have confidence in the management. Tomato started to point that out over 6 months ago when they repriced options for their own benefit to our detriment. Also I do not believe they found colored diamonds as per their news release last year. Just a lot of little things add up to my lack of confidence and belief in the management of this company. I think they have sold prior to this drop -- we will see soon when management's transactions are reported shortly. They are rather greedy and have no heart or interest for the shareholders. Yes I still have my 10,000 shares lost a little over $5,000.00 U.S. I'm sure others have been hurt much more. I'll just sit on it and hope management initiates another round of promotion about "fancies" etc and maybe break even. But I think we are sitting on a promotion not anything of value. We can get out when they bring in a batch of new suckers next year. Luckily I have moved on to bigger and better investments and used this as a learning experience. There are many very intelligent posters on this thread and I have learned a lot from them. I also don't feel so stupid if they were duped also; especially since they know much more than I about exploration stock.
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