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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (11373)1/9/1999 4:17:00 PM
From: Gary Nash  Read Replies (3) of 26850
 
Teevee: You re-mortgaged your house to buy more WSP??? I cannot believe that a person who calls himself an EXPERIENCED investor would ever THINK of doing that. My good man, at least wait for the drill results before jepordizing your future. Look what happended to many others with that same "can't loose" attitude with Bre-X,Crystallex, Golden Rule, Farallon, Corriente, Donner, Cartaway etc. I too am very interested in this play, but have sold my stock and taken a nice profit. Will buy again when the time is right, which means that either the stock must fall substantially or drill results MUST confirm the geologic structure that everyone is ASSUMING is present. Paquet has raised some good points here, although his hyping is as annoying as those who say this is a $100 stock. Let's use our heads here! Pattison and the rest of the private placees have no doubt recouped their capital and the rest of the play is pure speculation. This stock is hyped like Bre-X was as it was beginning its long climb upwards, which means one can get on the train for a while, but you have to take a profit to stay in the game.
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