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Gold/Mining/Energy : Winspear Diaminds (Bulls Board)

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To: Rocket Red who wrote (738)3/14/1999 12:34:00 AM
From: stanley new  Read Replies (1) of 1172
 
If Aber is really in default and loses part of Snap Lake, it would appear that they do not have great confidence in Snap Lake, or they are totally committed to their other major project and cannot afford to be involved in both. The market could interpret this as Aber's lack of confidence in Snap Lake and/or Winspear and this could drive stock price down until good news is seen.
We can only wait and see, unfortunately.
You just never know on these plays. Most of them fizzle!
SN
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