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

To: Shaw who wrote (23466)	7/22/1999 3:01:00 PM
From: russet	Read Replies (1) \| Respond to of 26850

Canacrap helped to bounce it off 3.45, then proceeded to sell into the resulting rally which they have done all day (selling I mean). Profitable for them to do,...but not for me. Wish I had all the trading gadgets they have.

To: Shaw who wrote (23466)	7/22/1999 3:15:00 PM
From: peter matson	Read Replies (2) \| Respond to of 26850

Please excuse these private thoughts being put to print. It's times like this when I begin to get a tad frustrated at the performance of Winspear and begin to contemplate lightning my load. Then after some thought I look at the results and realize that we are continually getting closer to becoming owners of a company who actually has a diamond mine. Just consider the odds of a company even getting this far particularly in this type of investment enviroment. Or consider that the bulks could have been a disaster and the stock could be trading in the 50 cent range. So what we have is a company progressing nicely and the market at this point giving them no credit for doing so-- at least we have good results and things will get better in the future--the alternative was not very appealing. P.S. I remember about 5 years back I was high on a junior oil and gas stock Rio Alto. At the time this stock had pulled back substantially from its highs and was trading in the $3 to $4 dollar range--below what I had bought. Well I became frustrated with the trading patterns and lack of returns(even though I still had faith in the company) and sold my shares at a significant loss. Well today RAZ.T trades at about $22 dollars, and some of the crap I bought to make quicker profits are no longer trading. So sometimes patience is the best policy! Regards