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Gold/Mining/Energy : Winspear Resources

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To: Rocket Red who wrote (17573)4/4/1999 6:34:00 PM
From: Andrew  Read Replies (2) of 26850
 
I dont think Aber is about to be bought out by anyone, why would any major interseted in a 40% share of a deposit. The only reason share price is at about $10 is because FN bought up 10%. You are right about the environmantal concerns also. I would not own Aber at this price the downside risk is not as good as the upside. Massive dilution coming for share holders. Why didn't they finance at $20 plus did they think the share price was going up forever. I laughed when I read here the someone thought WSP management were amatuers in financing. I think not look at the $10 mil they raised in the depressed junior market, plus 10 mil more to come from exercise of warrants to finance next years exploration. These guys have a plan.

As far a GT I read a copy of his Diamond report recently. LOL. Nothing there I didn't already know. NLW in my opin ar all full of S***. Although Sudhir seems to be a refreshing change. Kaiser and Bishop, hehe, I could have a monkey throw darts at board full of Vancouver stocks and do better. These guys know no more than an average guy who is willing to do a bit of research on his own. Anyone remember George Chelekis?

Andy

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