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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: .Trev who wrote (1117)7/16/1999 10:23:00 PM
From: bill  Respond to of 1172
 
Yes, there's no point in trying to persuade anyone of anything.
Teevee is consistently optomistic and aj is constantly pessimistic.
Nature or nurture. Who knows. The truth, as always, probably lies
in the middle somewhere. WSP has, over the years, provided
tremendous trading opportunites. Look at a five year chart. Lots
of money to be made there. For my part, I believe that there is
a lot more money to be made on WSP in the coming year. Will there
finally be a mine? I leave that the RT and his crew to determine.
In the meantime, opportunities abound. ABZ has returned 42.5%
over the last few weeks. What more could one ask than that?
Doesn't matter if they're going to have problems with dykes.
Doesn't matter where they get the money necessary to complete a
mine. For every ten dollars, we all could have got back 14.25
over a very short period of time. Oh would that all my stocks
performed that well. I'm out of trading shares at the moment
(weekends can be very hard on a stock price when news is being
released) but will I buy back. And how? Does it matter if Teevee
is too optomistic? Nope. Does it matter if aj is too pessimistic?
Nope. Somewhere inbetween there's lots of money to be maybe.
Caching! Ca-ching! There goes the cash drawer.



To: .Trev who wrote (1117)7/16/1999 11:02:00 PM
From: teevee  Respond to of 1172
 
.Trev,
Thanks for your concern, but my post was in response to Tomato's post to me....just because both posts were not by PM does not mean they were also meant for or directed at the thread audience at large....I was neither trying to persuade or reassure....you are welcome to put the content of the two posts into some personal context of your own, but next time, keep it too yourself:-)).....on another matter, I happen to regard Tomato as one of the most interesting, engaging, humorous, literate and intelligent posters here....finally, as for whether or not its time to buy or sell or continue to hold Winspear, determining that is up to each individual( unless you are a fund manager or invest through mutual funds)....I guess that is what the market is all about eh?....have a good weekend .Trev....
regards,
teevee



To: .Trev who wrote (1117)7/16/1999 11:21:00 PM
From: Tomato  Read Replies (1) | Respond to of 1172
 
.Trev,

Gee, and I thought we were friends! I'm reluctant to respond to your post in kind, since you were nice enough to send me the DB report, but jeez, the hole in my back is making me a little sore. You seem to suggest that you know where WSP is headed and I don't. Maybe, maybe not. Do you care to explain how it's going to head up when most people expected much higher valuations ( e.g. contests here, I think, and on Stockwatch for sure - about $365 ave. in the contest there)? Maybe it's those mysterious European buyers? Or the mysthical hostile takeover guys lining up to take over? Let me ask you this: what's your price target? And what do you base that number on. From the DB report, I see a NAV of less than $4.93, and that's assuming 300 tpd, which seems in doubt. That's based on 14.5 mil tonnes, but I do believe that anything that can't be mined within 10 years is given no value by analysts. Are you happy that we might get to $4.93? What makes you think the number is higher, and what's that number?

I'll probably hang in a little longer, hoping for a bounce, but if it gets to, say $7, I'm out of here and I'll leave any further appreciation to others like you.

Good luck!