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

To: .Trev who wrote (23586)	7/26/1999 12:43:00 PM
From: Lorne	Read Replies (3) \| Respond to of 26850

.Trev - I think Confluence is just expressing his dismay with certain regular posters. I was heavily attacked a while ago for calling certain people hypesters and promoters. They all came back at me spouting statistics and numbers and calling me an idiot for not seeing that WSP was the greatest diamond mine of all time. The non-hypesters joined in and all had a good time ripping apart someone who had the nerve to call WSP simply a play with a very good upside (something I still believe), but also a play with some downside. Then the ABZ bashing got going as well. Well .Trev it now appears as though a good number of these guys who were making rash promises have conveniently forgot all of their prior blathering and still act like they've made a correct call somewhere in all of this. Bottom line, they were wrong about the two bulks, they were wrong about the share price and they were wrong about ABZ and now they're selling the greatest diamond mine of all time at around $3. At least teevee has the guts to stick with it, a move that I believe will be rewarded, though not in the short term. PS - .Trev - In no way is this meant as a shot at you. You were just the last poster when I checked the thread out this morning.

To: .Trev who wrote (23586)	7/26/1999 1:57:00 PM
From: Confluence	Read Replies (1) \| Respond to of 26850

Hello .Trev, Thanks for your response. I'd have to say that I agree completely with Lorne's post. Its not that WSP doesn't have some great ore. I can't make any new math say its bad. It is, however, stuck in the uncomfortable position of having to do lots more work to justify whether it will be a mine. Its that simple. All of my predictions have been based on WSP's numbers, not something I pulled out of the air. With no upside news over the next while, it should not surprise anyone that the stock will react to things like financing rumours, the exercise of warrants, etc. This is unlikely to have a net positive effect, IMO. On another note, I will say that I respect that teevee has constantly been bullish. What I have less respect for is the name calling, the revisionist approach to all news releases, and my opinion that his math is just simply incorrect. None of this means that WSP will not have a wonderful mine in the future. Much work needs to be done, and a market cap of $145 million (at $2.90) still seems a little high for me. Best Luck, Confluence PS That I've become more "cutting" in my comments is only a response to misleading statements and revisionist bs. Sorry if that offended any one.