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Gold/Mining/Energy : Winspear Resources

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To: Chas. who wrote (6773)	7/1/1998 4:38:00 PM
From: The Fix	Read Replies (1) of 26850

Chucky....You make an excellent point. WSP might buy ABZ's share. ABZ needs to come up with 200 mil cdn. in years to come. Never mind their Greenland plays and others etc. A friend of mine is tight with the Navigator Explor. people (Navigator is all former ABZ exec's.). He's sure that ABZ will sell their share to the highest bidder be it WSP, DeBeers or Rio Tinto. I'm still betting on RioTinto. The NWT's are the last great place to look for diamonds. Rio wants more of the market share in years to come. Lets face facts here DeBeers is weak (the cartel is crumbling), their fighting the Russians tooth and nail. Rio is sneaking in the backdoor and pulling the rug under DeBeers. fIxer

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