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Gold/Mining/Energy : Winspear Resources
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To: Rocket Red who wrote (10384)12/11/1998 2:08:00 PM
From: The Fix  Read Replies (1) of 26850
 
Sorry if this is Hyping........

Winspear Resources Ltd -

Post says Barrick bid could boost other juniors

Winspear Resources Ltd
WSP
Shares issued 32,806,333
1998-12-10 close $3.12
Friday Dec 11 1998
See Argentina Gold Corp (ARP) In the News
The Financial Post reports in its Friday edition that Barrick Gold's takeover bid
for Argentina Gold could revive investor interest in other junior mining companies
exploring in Argentina, all of which are suffering from depressed share values.
Reporter John Schreiner notes that in his market commentary on Thursday,
Canaccord Capital analyst Andrew Muir says that this takeover offer is a
tremendous boost for the junior exploration market. Mr. Muir says it confirms the
blue-sky potential of mineral discoveries to provide a home run for speculative
investors. He says this takeover will boost the market caps of exploration
companies in Argentina. Mr. Schreiner says that all of the juniors working in
Argentina could use a lift to market value. Linda Thorstad, a vice-president at
Viceroy Resource, says it will draw great attention to Argentina as a whole.
Newsletter writer John Kaiser says that Chile, Peru and Argentina has become
"the frontier" to which Canadian juniors are retreating after disappointing investors
with forays into Indonesia and Africa.

fIXER
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