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Gold/Mining/Energy : Winspear Resources

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To: kidl who wrote (8125)9/28/1998 11:13:00 PM
From: Intrepid1  Read Replies (2) of 26850
 
Kidl, in the Sept 28 Kaiser Express, JK writes Aber would still be trading in the $15-20 range,but because of the present circumstances the stock may see $5 before it sees$15 again as institutions seek to unload their opportunity cost risk. There is no urgency to own Aber except through stink bids in the $5-7 range.

So I ask you the question: While institutions abandon a more advanced situation like Aber, why on earth would they pour money into a much more speculative situation like Winspear?

Take away the speculators, the bottom feeders, and the institutions who do we have left to invest in Winspear? Widows and Orphans.

Unless Kaiser knows something we don't, then I honestly don't know what category of new investors will be investing in Winspear.

purething


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