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Gold/Mining/Energy : Winspear Resources

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To: John Paquet who wrote (16067)3/18/1999 11:56:00 PM
From: The Fix  Read Replies (3) of 26850
 
John, I must say this to you.

One draw back is that this project might be put on hold for several years because of the ownership dispute. WSP might hold back the results of the bulk sample for many many years until the issue is settled. SMART MONEY DOESN'T SIT IDLE! SMART MONEY IS ALWAYS AT WORK. THIS IS A VERY BIG POSSIBILITY! I can't see the Bulk being released until this Issue is Settled and Secondly I can't see DeBeers buying into the project with a pissed off partnership on it's hands.

WSP's newco will carry on with the other projects while Snap sits idle.

Sorry if this sounds Bearish......But it's reality here. Would I short WSP now......NOPE! My gut is telling me that this little tiff is Staged by ABZ/WSP by way of The Rabbit......Kind of like Wrastlin! A Shakeout is in the works here me thinks.

A GREAT TRADER IS BORN WITH A GREAT GUT!

fIXER
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