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


To: teevee who wrote (23172)7/18/1999 12:46:00 PM
From: james flannigan  Read Replies (1) | Respond to of 26850
 
Tevee,100 kt crystals are very rare indeed, in fact only about 300 have been found world wide in the history.We cant use this type of speculation to determine the value of WSP stock,neither will a bank.I ahve been a suporter of WSP and still think the long term 5 year projection is good based on the facts management has provided.But you have the valuation modle from Mr Albino in front of you.Clearly US$185 is at the threshold of the bottom for an econmic mine to be developed in the modle.You have always supported the play in the past and i give you credit for that.The data to date that you and I have taken the time to post is for the benift of all(for better or for worse) investors must in the end make their own judgments based on facts not as AJ does on emotion. Regards James.