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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (14090)2/11/1999 7:05:00 PM
From: RMF  Read Replies (1) of 26850
 
teevee,

I bought some ABER in December because it seemed undervalued based on current assets AND it had the chance to own 1/3 of, I think you've called it, "the biggest mine in the world", because of it's association with Winspear.

Since I have a little ABER, I would love WSP to have the greatest find in the history of diamonds, but I always wonder why you pick a company that owns 1/3 of the "world's greatest find" to attack. Even if ABER is worthless without Snaplake, why do you think it's such a lousy stock to hold?
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