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

To: average joe who wrote (24050)	8/12/1999 8:35:00 AM
From: kevin joseph	Read Replies (1) \| Respond to of 26850

Approx. 12 million shares outstanding with small float.Est of net revenues for 1st 12 mths is 1.3 million which is 15% of gross revenues with no expenses.They have a royalty agreement where Whiterock Resources will mine these gravels and MOA will receive 15% of gross with White Rock paying all expenses. Original est now appears conservative although it is still very early with the washing of gravels for only about 1 week or so. Gold property in NFLD looking very promising with indications of strong assays.Property optioned from Noranda. Market capital at present for MOA presently at 3.6 million CDN !! I would suggest you speak to co president Allen Sheito,who is very keen on getting their story out. Allen has over 25yrs experience in the industry working for large Resource Co's.