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Gold/Mining/Energy : Winspear Resources

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To: E. Charters who wrote (7008)7/10/1998 1:37:00 AM
From: bill  Read Replies (1) of 26850
 
If WSP was/is a scam, then the management has done
a lousy job. First of all, they shouldn't be in the
NWT. Too close to home. The best scams are somewhere
distant and difficult to get at. A mountain top in
Peru or some god for saken place in Africa. Local
workers, none of whom speak English and know nothing
about mining. Yellowknife is too close. The employees
get to go to bars. If there is poor security for
core or bulk samples, word would get spread very
fast. Second, they shouldn't have a major like ABZ
as a partner. They should have one hundred percent
of the property. Or, a jv with a junior that they
can control and use for "leaks" and for washing
stock. Third, the orchestration of results leading
to a worthwhile run up should be planned so it
takes place over a reasonably limited time to
avoid risk of exposure. WSP has been exploring
for a terribly long time with constant mixed results
that undercut the price.

I don't know, EC, seems to me if WSP really wanted
to run this thing to 20.00 plus, they need to hire
someone who knows how. Maybe there's a place for
us in their organization. 500,000 options apiece
at 40 cents. Run it to 21.50. Unload at 20.00.
That's 10,000,000 each.
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