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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (19219)	5/9/1999 12:24:00 PM
From: Rocket Red	Read Replies (1) of 26850

Teevee Once DiamondX gets spun off all the better then news can flow out of Winspear Freely. Watch for more land deals involving DiamondX as we all know this is another vehicle for RT just in case some Big Boys come stepping up to the plate.As for a Rights offering it will most likely be done a month or so after DiamondX is spun off or even sooner. It is well Know that De-Beers wants in and just how they do that still remains to be seen.I have already Heard De-Beers owns Shares in Winspear and thats why the price in Jan went to 4.85 because De-Beers was in the market buying Shares. Do you Remmeber Mill-City when De-Beers bought a ton of there Shares in the open market????? Now with Aber and Winspear indispute over % points its pretty hard for De-Beers to buyout Aber's share at this point. The big boys will becoming sooner rather than later just look how De-Beers got in with SUF though the back door behind the scenes. There is no way De-Beers will let this go. PS Chuck Also heard to the effect that some large stones have been found already.How Big I don't know.The market will tell us if these Rumours are True. Cheers.

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