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

To: Bob Fairchild who wrote (25736)	4/18/2000 9:22:00 AM
From: ddl	Respond to of 26850

I shudder to think about it. But that court case appears it could be one hellavaturning point for the spear.

To: Bob Fairchild who wrote (25736)	4/18/2000 10:33:00 AM
From: teevee	Read Replies (1) \| Respond to of 26850

Bob, The sale of those 45 million shares should be enough to cover the $50 million damage claim that Aber will win against Winspear, including additional court costs. Thanks. LOL. I didn't know that Aber had exhausted all possibilities of financing and in a move of desperation are purportedly going to sue. The dilema of not having sufficient funds for two projects must be a great liability concern to Aber management. Every dollar they spend at Snap Lake is one less dollar they have to maintain their interest or minimize the dilution of their working interest at Diavik. If Aber pays the $4 million within the 30 days, and contributes to cash calls for this years Snap Lake program, it will confirm Aber must believe that what money they have is better deployed at Snap Lake rather than at Diavik. You can be sure their accountants have done the spread sheets on this to preclude any liability attached to diverting funds from Diavik to Snap lake. regards, teevee