fIX it.
Winspear Resources Ltd -
Kaiser says stay ahead of market -- buy now
Winspear Resources Ltd WSP
Shares issued 32,806,333 1998-10-07 close $1.38
Wednesday Oct 7 1998
John Kaiser, writing in an October 6 Bottom-Fish Tracker, says Winspear Resources is a buy at $1.43. Mr. Kaiser recommended Winspear a strong buy at $1.13 on Sept. 28 based on his continued upbeat assessment of work continuing at its property at Snap Lake, Northwest Territories. That work follows the company's sensational June 22 diamond valuations. Mr. Kaiser had earlier advised buying WSP in February 1997 at $3.61, again in December 1997 at 84 cents, and again in June 1998 at 52 cents. Speculators should buy and hold WSP for a dyke mining scenario, the letter writer recommends. "Bottom fishers should consider riding this for a home run in the $5-$10 range," Mr. Kaiser states, while cautioning that grade and value consistency of the Snap Lake diamonds must still be further proved. Mr. Kaiser notes, however, that Winspear's price has surged in the past week. The diamond-exploration commentator notes with satisfaction that he offered his subscribers advice on Sept. 28 concerning a delineation program that was ahead of the market. New money is recognizing WSP's value, Mr. Kaiser concludes.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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