Winspear Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Winspear Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sudhir Khanna who wrote (6095)	6/17/1998 11:24:00 AM
From: Rick the Vet	Read Replies (1) of 26850

Thanks to Walt and Sudhir. It would seem that given the severe BEAR market we find ourselves in that the market is having trouble believing in any thing. I have seen very few stocks rally for more than a day or two after positive news. This would seem to suggest that there is very little new capital present for the Small Cap sector. Given the present climate I think it is prudent to hold cash but from time to time an excellent opportunity will arrive. This may be such an opportunity if the value per tonne to be released in the next few weeks exceeds $150.00. If this is the case then the potential leverage on capital will be very high. Even if the market does not recognize this right away it will recognize it eventually. The problem is that if the market does not put a high price tag on your assets then you must rely more heavily on major companies to finance development. A buy and hold in this case may prove to be an excellent investment over the next 12 to 18 months. Either the market will shift and acknowledge the true value of what is in the ground or a major company will come in and buy the company at fire sale prices. A hold recommendation is fine but what about the value of your currency?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next