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

To: wayne cath who wrote (24406)	9/10/1999 12:52:00 PM
From: teevee	Read Replies (3) \| Respond to of 26850

wayne cath, Here is an interesting post from SW: Author: Looking Ahead -- Date:1999-09-10 08:40:28 Subject: If WSP wins the legal despute with Aber Following is what the analyst from Canaccord tells us this morning: "Scoping study supports robust economics of Snap Lake dike. NPV of $7.25/sh rises to $25/sh if WSP wins legal dispute with Aber to gain 84% of project & assuming 18.5M tonne deposit" James continues to put out a "buy" recommendation. IMO, contract law has precedence. The clauses in the JV agreement pertaining to notice and prescribed penalties for non performance are binding and enforceable. Winspear will prevail and has 84%:-))What about that CC estimate of NPV eh?:-)) regards, teevee