Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Berry Picker who wrote (23773)	7/30/1999 8:57:00 PM
From: dgz	Read Replies (3) \| Respond to of 26850

There's been some comparing going on of Winspears deposit to what Bre-x said that they had. Someone over on SH said that what Winspear has defined so far is equivalent to about 50 million ounces of gold. I know Bre-x at one point was thought to have 200 million ounces but do you know what value Bre-x stock was at when they were saying 50 million? It would be an interesting comparision - I think - with one important difference - Winspear actually has a deposit. I think Bre-x had 200 million shares outstanding after the 10 for 1 split so I'm wondering if the stock was over $100 when they had 20 million shares outstanding (pre-split) and were touting 50 million ounces. If by chance it was over $100/share with 20 million shares and 50 million alleged ounces that would equate to about $50/share for Winspear with 40 million shares outstanding. I guess my point with all this is to bring everyone's attention to how much potential there still might be in Winspear as far as share value appreciation goes and how it would appear to me to be getting oversold almost to the point of ridiculous. Think about it - Bre-x $100/share and no gold - Winspear $2.77/share and the diamonds ARE THERE!