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


To: Rocket Red who wrote (21378)6/20/1999 11:56:00 PM
From: Steelguy  Read Replies (1) | Respond to of 26850
 
Red and all,
well.....quite a weekend on our "favourite" thread now wasn't it????

I think back to Friday night when my heart was in my throat waiting for the news.......you know...it wasn't just the " money " that would be made or lost, it was the fact that I really want to see another junior have tremendous success and show the " naysayers " that not all resource stocks are a scam/joke/whatever.......I have been burnt many times and am sick of people rolling their eyes at me when I mention WSP as having a real shot at a diamond mine....." yea...sure Steelguy.......yup....I'm sure they do........"
Winspear seems to have handled themselves as a real class act from the beginning and I am now even more impressed....well done WSP!

On a trading note:......I agree with Buffalo Bills ( I believe it was his ) post tonight stating that the two-day halt was effective and prudent. The two days over this weekend have allowed ALL shareholders the time to digest the info with many different sources and come up with a " relaxed " game plan for their shares. I feel that if the stock was halted for two hours and then trading began again on Thursday afternoon....there would have been a bloodbath and many smaller shareholders who have stuck with their investment through all of this would not be able to stomach it anymore and would have parted with their shares.........however....they would have been buying them back at over $6.00 by Friday which is where I feel the stock will be by then.......
Now however..the smaller investor has had time to make a decision as to whether he/she believes in the company without the " panic " of the market screaming in their ears. This is not to say that there won't be a selloff or some crazy volatility....but this weekend has been a nice gift from RT and company to all shareholders in my opinion..

I am very confident that WSP will be much higher in the next two weeks and I will be buying more after the first significant rise and then selloff.......that first selloff after a run I believe will be a " no-brainer " gift of how to make money and no doubt we will have many, many cycles to play with.......I look forward to it.

thanks to all who gave so much info. to us this weekend......it was very much appreciated.
see you all on the longside tomorrow.

sg