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

To: teevee who wrote (22559)	7/6/1999 7:41:00 PM
From: Confluence	Read Replies (2) \| Respond to of 26850

Hello teevee, While I might not agree, most Canadian analysts, in order to compare mining companies at different stages of development, with different mining models and time horizons, favour the "net present value of discounted future earnings/cash flow" approach. You can be sure that big money will only go hand-in-hand with analysts pumping the stock. The retail buying has probably been done, as most on this thread have finished their buying except for tidbits here and there. For the stock to go higher, new buyers must emerge and must exhibit strength. I have doubts as to whether there is another big retail buying binge outside of phenomenal results (>US$225/ton) from the next 3000. It is quite conceivable, sadly, that WSP could languish, like some other emerging diamond companies, even while a mine is built and brought into production. I know this is heretical, but trading around a core position while awaiting news is probably the best way to make money here, outside of amazing results. Does anyone have any comment on the brokerage report from Goepel (sp?) that says WSP has already applied for permits to remove a 40,000 tonne bulk sample. Why? When? Where? Best Luck, Confluence