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Gold/Mining/Energy : Winspear Resources

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To: Bruce Little who wrote (11345)1/9/1999 9:22:00 AM
From: james flannigan  Read Replies (2) of 26850
 
If the gem quality diamonds are there and the populations prove to be distrubited evenly, and the tonnage proves up IMO a biiding war will start as soon as the stepouts are released.Idont think Debeers or RTZ will let the stock run to $200.They will want in early to maximum their leverage.This is a another reason why we may not have got the CF results yet.Sophie did tell me that WSP does have " a white knight in place already".I think it is Pattison,he has the clout and the cash to sit at any big players table.I did ask if any majors have been to the property.She told me that kind of information cant be disclosed at this time.It is hard to determine which side of the fence to be on with not having the latest CF results.
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