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Gold/Mining/Energy : Winspear Resources

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To: Gord Bolton who wrote (12005)	1/15/1999 12:27:00 PM
From: Andrew	Read Replies (1) of 26850

Hi Gord. Yes I agree that SUF is worth at least $15 and maybe $20 A real shame. I Do have some gold stock holdings. However WSP being a speculative stock with very little in the way of proof to support a $300 million project value is little over valued in my eyes. The risk reward ratio may look a little better arround $2.00 - $2.25 where the PP was priced. I think we are heading there and we will see the promotion engine kick back into high gear but thats a whole dollar away. I've learned not to go against the trend. Hey if I'm wrong at least I don't lose money which is the bottom line. Andy

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