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

To: .Trev who wrote (22645)	7/8/1999 1:10:00 PM
From: dgz	Read Replies (2) \| Respond to of 26850

This is the progression I would like to see: 1. Grade is established at just over 2 cpt (Jul 99) 2. Valuation is established at around $200 US/ct ($600cad/t) 3. Stock price moves into the $20 range (Aug 99) 4. First bid comes in at $30/share and is rejected (Sep 99) 5. Next bid comes in at $40/share and is rejected (Oct 99) 6. News release stating tonnage is 45 million tonnes and mining feasibility determines a 10000tpd operation (Nov 99) 7. News release stating Winspear wins dispute with Aber 8. A competitive bid is made at $100/share (Dec 99) 9. Final bid and accepted offer at $125/share (Jan 2000) One can dream - but its not impossible either. Funny thing is, with those kind of numbers $125/share is probably still too low.