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


To: Chas. who wrote (21215)6/20/1999 7:53:00 AM
From: Rick Hawke  Read Replies (1) | Respond to of 26850
 
Chuck glad to hear from you. I certainly hope you are right. However it is not the SI'ers we have to worry about. Even those who don't seem to be able to post anything without running others down are aware by now that this NR is not all that bad. What I've been trying to say is that I personally am not willing to depend on the spin anyone else puts on this.
Here's an example of what I'm talking about. In the Canaccord institutional report on the diamond play in the NWT they indicate that this is an exceptional valuation & yet at the same time while the price is only $3.42/sh the best they rate the co. is a speculative buy. Canaccord is one of the firms that will be giving advice come Monday. Are you really willing to trust them to put a positive spin on this release when they couldn't even make up their mind in their own report that contained as much good news as it did? Maybe they will & maybe they won't. I don't think they will.
Don't misunderstand me I am not promoting you or anyone else to do anything but what you think is best for you. I feel that I will sleep better if I am out of this for a while, at least until I see what happens next week. We can all speculate & pontificate as much as we like but the market is going to be the real acid test.
Best of Luck & regards. . . . . . .Rick