SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: MrsNose who wrote (20927)6/18/1999 7:54:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 26850
 
MrsNose
I don't think the price will get beat up cause was already told big buyers are lined up to buy.

Monday Will tell



To: MrsNose who wrote (20927)6/18/1999 11:38:00 PM
From: Rick Hawke  Read Replies (3) | Respond to of 26850
 
Why do you think these are good results? The report put out by Canaccord in Mar 99 states the in a 137.1kg core they found 149 macros & 252 micros "one of the best macro counts in the NWT diamond exploration". June 98 drilling results recovered 226.72 carats with an announced value of USS$301.43/carat which if my info is correct is an extremely good valuation & in line with the positive comments of Canaccords report.
With the drop in valuation to US$98.42 from the previously reported valuations I can't see ANY good news about this.
I am selling first thing Monday morn. There may very well be better news in the next sample valuation, they may even find the blind pipe, but the bottom line here is to make money & what I see happening is this is bad news & with all the expectation of good news this stock is going to get hit with what someone called the ugly stick, HARD.

Time to cut & run till things settle down & buy back in at the lower price this stock is sure to settle at.

Rick