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Gold/Mining/Energy : Winspear Resources
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To: Rocket Red who wrote (16191)3/20/1999 1:44:00 PM
From: james flannigan  Read Replies (2) of 26850
 
Red, I will say you are right about good news coming. As I said to divide up WSP is only a good move if a buy out is in the works.If RT wants to succeed in this division and get the votes,my take is he will have to dance around doing the flunky chicken while throwing diamonds at WSP shareholders.My impression of the talk we had, is that somthing is going on in the back room between Debeers and WSP.I also think that the timing of the split voting in May is not just a fluke.This window is the last chance to get the affairs of the split done before the bulk results, and the posibilty of a out right buy out.If Debeers is the winner of snap they don't need WSP as their partner.In other words iI do not expect a dilusion.Debeers has no JV partners in production, only in exploration.
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