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


To: Sam who wrote (23709)7/27/1999 3:03:00 PM
From: .Trev  Respond to of 26850
 
Correction just in from SW

Correction re Kaiser's Winspear comments

Winspear Resources Ltd WSP
Shares issued 39,238,388 Jul 26 close $2.83
Tue 27 Jul 99 Correction
In a summary of John Kaiser's story on the latest Winspear results,
Stockwatch reported that at $3.30, the market is saying the net present
value of Snap Lake is $200-$250 (U.S.) per tonne. In fact, Mr. Kaiser said
that at $3.30, the market is saying the net present value of Snap Lake is
$200-$250-million, depending on whether Winspear ends up with 67 per cent
or 84 per cent. We regret the error.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

IMHO only SW's business Reporter could think that NPW is measured per ton. And I don't mean WILLP.

Probably this might account for the second wave of selling.
What fools these mortals ( and Alien Lemmings) be.



To: Sam who wrote (23709)7/27/1999 9:27:00 PM
From: Digger  Read Replies (1) | Respond to of 26850
 
Would anyone be surprised to find the paper trail of over a million shares to someone in the Kaiser organization?

He can't be that stupid or that vindictive so he must be that greedy. He knows what Winspear has and yet he misleads his readers, could it be for his own personal gain? Look for lawsuits when this thing is played out. But then I don't think his readers follow the fine print which says they are responsible for their actions and not him. I wonder how many ofhis readers need to have someone else read it to them. Some of them may read but few of them think.

His latest newsletter is so full of holes and stupidity I would not be surprised to wee someone laugh at him in print. He shows no knowledge of the facts and thumbs his nose at the geology world. What a crock.