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


To: ddl who wrote (25766)4/26/2000 12:40:00 AM
From: The Fix  Read Replies (1) | Respond to of 26850
 
I totally agree with your post. WSP is going nowhere until The First Qtr. of 2003. Until than it's Dilute, Dilute, DILUTE with cheap Options and inside Money PP. The Market wants to know Cash flow multiples and P/E. Nothing new learned in this N.R. RT is putting lots of hope in Gov't and The Indians Working in Harmony to start mining in full force asap.

The $269.4 million question........How will the cash be raised for the mine?

I see 100 million shares out on WSP (another Pure Gold, Cypango or Tahara in the making). Sorry to say......The spec. money is better spent on a Bio Tech or a Nat. Gas play with Cash Flow.

See Ya folks in 2003. WSP is off my tracker until than.

fIXER