Winspear Resources Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Winspear Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave M who wrote (10481)	12/14/1998 5:25:00 PM
From: Mr Metals	Read Replies (3) of 26850

Winspear Resources Ltd - Fagan says buy for possible Snap Lake home run Winspear Resources Ltd WSP Shares issued 32,806,333 1998-12-11 close $2.97 Monday Dec 14 1998 Brian Fagan, writing in the December 1998 issue of the Fagan Report, says leading Northwest Territories diamond explorer Winspear Resources is a buy at its Nov. 27 price of $2.35. Mr. Fagan says Winspear will probably continue to be the highest profile play in the NWT, owing to its "spectacular" results from Snap Lake in June. The letter writer comments that the stock could be priced at between $20 to $50 by the end of 1999, and he thinks it is also possible that the Snap Lake results will never be duplicated. Mr. Fagan says he is well aware of the odds against Snap Lake emerging as one of the richest diamond finds on the planet, yet he is willing to keep an open mind to the possibility that an economic mine may be developed there. The risk in owning Winspear is somewhat hedged by the company's other NWT diamond projects and the fact that it recently completed a $10-million financing at $2, he says, adding: "If you're going to get in, don't worry about a few pennies -- just do it!" (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com MM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next