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


To: Charles Kalb who wrote (21309)6/20/1999 7:58:00 PM
From: SwampDogg  Read Replies (2) | Respond to of 26850
 
They had not proved a property of merit back in the Fall; these results go a long way to changing this.
The major problem I have with Kaiser's take on this is that he admits that WSP is a serious diamond mining play but he says that it will be a boring play like Aber or Mountain Province. At the same time he says that this NR and the upcoming results, if they are a lot better, will not prove overall grade. There will still be work to be done and this might cause cash flow problems in the future. If these are his concerns this does not indicate a boring mining play but rather one with great volatility and opportunity for profits. A boring play is one in which all the news is already in the market (grade, value, tonnage etc.). These questions have yet to be answered and that means great trading.