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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: D.R.A. who wrote (21103)	6/19/1999 5:42:00 PM
From: Berry Picker	Read Replies (4) \| Respond to of 26850

You are right And I'm glad you noticed that . I noticed that it was Rick Hawke ands others who keep quoting Sudhir as the Gospel Truth here and that $200 would justify the then price of (I think) $3.50. Less may not be great. The article is quite clear that all figures are in *CANADIAN DOLLARS.* At .68 exchange $181US DOLLARS = *$266 CANADIAN DOLLARS.* Well above what Sudhir had said was needed. Where is this SUDHIR fellow to comment today?? Surely he must be elated that so many are using his paper to scorn the results when his work indeed does the opposite. EVEN IF he is right in his statements His statements would PROMOTE a HIGHER PRICE for WSP not a LOWER PRICE. As you asserted While he proposed that $300 per tonne would justify a price of $7 / share surely $266 / tonnes ( which will likely be upgraded on average as the previous sample showed values of over $300 ) Even Sudhir , who the nay sayers are using as there expert would state that at least $6 / share is easily justified. This is using Sudhirs opinions from his own article they are not MINE