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


To: Letmebe Frank who wrote (24157)8/15/1999 12:52:00 PM
From: Rocket Red  Respond to of 26850
 
Frank
1 Fund was buying for sure.
Canadian Institutions will also be going up to the property
around the 23 of Aug.
Will they start Buying maybe some buying will come in from them.Don't forget the Warrants are due in Dec/99 this is where We will start seeing Block Trades.
I myself Don't thing Winspear Will hit new highs until Jan.2000.
These Warrants will be picked up by funds in block trades.

Cheers.



To: Letmebe Frank who wrote (24157)8/15/1999 6:52:00 PM
From: Digger  Read Replies (1) | Respond to of 26850
 
This thing is still WAY undervalued. Kaiser and Bishop are the only paperhangers downing it and many, many real analists like what they see. I wouldn't be surprised to see this jump the "que" for NWT mines and get at it on the open ore much sooner than expected.

This is still an "unknown" to big investors. Whether they like it or not, many will be trying to recoup their Bre-X losses and this is one that will help. The diamonds are there and when that one fact is understood there will be investing.

It is difficult to understand why anyone would sell at this time, there cannot be many low priced shares left. Support could be between 4-5 and even that is low.

You can bet that MRDI will be shown to the people on the tours, many of whem have not been properly introduced to the NWT plays at all.

The NWT diamond play is truly a "If you build it, they will come." situation.

Red missed on his forcast dates but I bought lots at 2.40 anyway so am sitting great. Let the good times roll!! I am looking for a great two weeks. It is just a few weeks later than expected.

Now if I can just figure a way to par the 16th hole I can shoot 72 tomorrow.