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Gold/Mining/Energy : Winspear Resources

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To: The Fix who wrote (19766)6/2/1999 11:16:00 PM
From: DonH  Read Replies (3) of 26850
 
I assumed they were selling their own paper. A jitney of that magnitude doesn't make sense. Several months back I had checked through the previous 2 years house positions, and CC's role became clear. My original post to Sudhir was a reaction to CC's selling, however after rechecking the past years numbers again, I realized that selling a net 3.37 million shares in 17 months is not that significant when they also bought and sold another 42.91 million. They are doing what any prudent and shrewd speculative mining venture should be doing. As should its profit minded share-holders.
Having watched most of WSP's trades go by on the ticker the last several months, I am impressed with CC's skill. Buy when they buy, sell when they sell.

...Don
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