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Gold/Mining/Energy : Winspear Resources

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To: Rocket Red who wrote (9124)11/3/1998 11:50:00 PM
From: Chad Barrett  Read Replies (1) of 26850
 
<< PS Watch for wsp trading lower every day now and will come down further . >>

Good call red.

My personal take on this is the the stock will drift lower as the volume dries up. It should find some support in the low $1.90's or so. I'd guess that it will find a level in that area and sit there until the results are ready to be released, at which time we should see the volume (and price) start to pick up again. That should be good for another small (or large) run.

After the news release is out the stock could drift back to a new support level until word of the start of the winter bulk sample drilling hits the street.

... just my thoughts... and I *AM* an amateur... 110% so! (you should probably do the opposite of what I would do... *grin*)

How's that for a disclaimer... *taking a bow*

Chad
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