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Gold/Mining/Energy : Winspear Resources

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To: Rocket Red who wrote (19287)	5/10/1999 9:53:00 PM
From: Paul Bilecki	Read Replies (7) of 26850

Just heard from an unverifiable source. Shakeout may happen early next week from the $4.25-4.50 level down to the $2.90-$3.15 level only to rebound just prior to the bulk results with a serious climb after the results are known. So, we will have a bit of an upside until diamondex shares are in the accounts and then a bit of a sell off/ shake out and then a steady climb up the $5 level to either a blast off or a blow up... So enjoy the ride. This makes sense. Why? 1) Once people have diamondex shares, many will not hold as much stock as they have. 2) Smart players don't mind paying $5-6.00 per share if wsp has the goods and it opens up at these levels once the bulk is known. 3) The guys in the Bahamas need one more shake out so they can play the bulk game for free and pay no taxes. However, if the source has been found...these predictions will not apply, as wsp would run to between $8- $10.00 per share. So really enjoy the ride.... Note: IAR/SUF very good, need another season unless it stretches onto land, but this was not mentioned. However, I believe it may. Stock to trade sideways unless there is a takeover, which I believe will happen before this baby is proven up.

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