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Gold/Mining/Energy : Winspear Resources

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To: Clifford A. Brown who wrote (15955)	3/17/1999 9:52:00 AM
From: james flannigan	Read Replies (2) of 26850

Cliff,It is my view that RT is in the early stages of putting a " FOR SALE " sighn on snap.We did discuss the problems of an explorer becoming a miner. Eg) Greenstone was a great explorer, but is having trouble making the transition to a miner.Randy said that the talent is for hire should WSP try to become a miner.With his latest move to divide the properties up, it is clear that he would like to continue being an explorer rather than a miner, otherwise it makes no sence in creating shareholder value to break the company up.With his recent press release to divide the properties, and the fact he stated that DBs is calling,IMO the writing is on the wall Snap will be sold after the bulks

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