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Gold/Mining/Energy : Winspear Resources

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To: Sudhir Khanna who wrote (11420)1/10/1999 9:05:00 AM
From: peter matson  Read Replies (2) of 26850
 
For whats its worth I would like to make a comment

about John Kaiser and some of the other news letter writers

out there.

It was not long ago that JK said that $5 to $10 dollars

could be a stepping stone to much higher prices. Now from

what others are saying he is becoming far more cautious, which

may stem from his recommendation of the stock in the $4.00 range

(before the decline to .50) on far far far less information and

positive results than we are sitting on now. It just seems to

me that newsletter writers talk from both sides of their mouth

at the same time--yes the play is good but caution is prudent-

thereby covering their behinds regardless what the stock does.

Its like a told you so if it goes up or down!

I have read JK's and others reports before and couldnt really

tell if they where recommending the stock in the coverage or not.

Remember that these guys have lost a lot of subscribers in the past

couple of years and really cant afford to miss this play or have

another blow up in face like the Alberta Diamond Play. Who

knows JK may want to see WSP drop to move some Ashton money over?

Finally, if you wait on the sidelines until the mine is proved

up you will be buying at $20 dollars plus, but if you don't buy

and they don't prove up a mine then you don't lose either. Its a

risk/reward thing and I for one believe the rewards are worth the

risk for WINSPEAR>

Regards
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