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Gold/Mining/Energy : Winspear Resources

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To: Rocket Red who wrote (13239)	1/24/1999 1:05:00 PM
From: teevee	Read Replies (1) of 26850

red, Thanks. I have a personal policy of not buying shares in any junior that has done a deal with De Beers, and with other commodities, any junior that has farmed out to a major. I agree that diamonds are the "story" for 1999 and that many of the juniors will benefit with higher share prices which will facilitate financings via private placements and/or secondary pubic offerings. I would be interested to know what the average G & A (overheads) for a V.S.E. listed junior are? I would guess about $250,000.00 per year. Can anyone out there help with this? regards, teevee

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