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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (19187)5/7/1999 3:19:00 PM
From: Digger  Read Replies (2) of 26850
 
Thanks for a very informative post. I still do not understand why the big diamond players have not been more active on the surface unless they have seen other potential mines flop at this stage of analysis.

To us, the possibility of a dud is very remote, but apparently experienced people are still not ready to commit resources to it.

It may also be that Winspear is going to go ahead and become a mining company as will as an exploration company and all offers are being refused.

Why has the price not reached a higher level, is it lack of understanding by house analists or lack of trust in management or just waiting for more information? I still wonder who is out of step on this one. All the geology people I trust are in it big timeand have been so for over a year.
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