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Gold/Mining/Energy : Winspear Resources

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To: Abbeydale who wrote (9579)11/19/1998 12:42:00 PM
From: Mr Metals  Read Replies (2) of 26850
 
Winspear Resources Ltd -
Van Sun excited about diamond stocks
Winspear Resources Ltd WSP
Shares issued 32,806,333 1998-11-18 close $2.42
Thursday Nov 19 1998
See Ashton Mining of Canada Inc (ACA) In the News

The Vancouver Sun says in a half-page diamond stock feature in its Thursday edition that Canada's diamond play is feeding investor expectations. Reporter Barbara Aarsteinsen notes that analysts say that Canada's fledgling diamond industry is at a vital juncture. If the results are encouraging, the rest of the world will start taking Canadian seriously as a top diamond producer. That may eventually lead to a consolidation phase involving mergers and acquisitions. In the process, diamond stocks may start getting more attention in the market. Newsletter writer John Kaiser says that Ashton has come back after being bashed down and it is now hovering at a level at which it needs to meet expectations to stay there. He says the stock could go ballistic on the upside if the K14 results conform to or surpass expectations, but we should wait to see the results. Canaccord Capital analyst David James sees Winspear hitting $5 a share within a year.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

MM
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