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Gold/Mining/Energy : Winspear Resources - Eric Charters Only!

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To: E. Charters who wrote (45)10/28/1998 10:23:00 AM
From: Patrick Laflamm   of 99
 
Eric,
You advise prudence and caution?! Hummm… You have certainly toned down, you were talking about a « sure » salt job not too long ago… what happened?

« The operative question is who does their assays and is there a chance to check the work. »
I have to disagree, Eric. A SNC-Lavalin subsidiary was in charge of testing the Bre-X samples and look what happened. They couldn't even detect that the gold in the samples was alluvial for God sake!

The best way to find out if there is foul play is to follow the money. Walsh & Co unloaded a large part of their position in 1996… That's what I call a red flag. You and I will never know about the legitimacy of the sampling or the testing, we'll never know exactly who has been in contact with the core, if the bags were sealed properly, etc…

It might be a very simplistic strategy but I advise shareholders to follow the money… Look if there is any insider benefiting big time from share price appreciation…

Regards,

Pahww
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