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Gold/Mining/Energy : Winspear Resources
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To: DIAMOND JIM who wrote (8178)10/2/1998 4:58:00 PM
From: bill  Read Replies (2) of 26850
 
I watched the last fifteen minutes of trading. The buys were on
bid side right until the last couple of minutes, then the stock
dropped back around 4 cents. There was a string of buys between
1.44 and 1.45.Still no news. Has to be something coming out from
the summer samples.

I know that EC is annoying. He's like a dog with a bone. He just
can't quit chewing on it. Don't write him off, however. His desriptions of how financings are done are accurate. If I'd known
that when I started, I'd have a lot more money than I have now.
Track financings for the spec. stocks, even good ones like ABZ.
Pay Stockwatch their 40 cents per year and put up a price volume
chart, then put in the dates of the press releases and the financing
announcements. Get the pattern right (I did quite well a couple of
years back playing this game with PUG) and you'll make money. Get
it wrong and you'll end up with a dog like JCI (thank god, I stayed
out but many bought in when the noise and hyp were at their loudest.
There was many a buyer at 3.50.The stock is now three cents.)The
pattern is there for anyone to see.

I just wish Eric would give up his crusade re WSP. If the rest of
us get our timing wrong, so be it. Right now it's the only game
in town. If we were all smart, of course, we'd have puteverything
into PDG and ABX one week ago. But, how many bouncing balls can
you watch at once?
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