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

To: Paul Bilecki who wrote (25785)	4/29/2000 5:30:00 PM
From: Dave M	Read Replies (1) \| Respond to of 26850

Hope you are right Paul, we could use some excitement. We have a positive prefeasibility report, lawsuit is hopefully done, bulk sample is under way and WSP in on the Toronto exchange bringing huge demand for the stock. But where has the stock price went? South for the winter. My thoughts on what is wrong. WSP is trying to build a mine, boring. Nobody wants to own a mine at this time. From day one, RT apparently wanted to have a mine based on his actions. Look at all the holes drilled at the peninsula to prove reserves and little attempt to determine what the limits of this discovery are, only a few holes drilled to south and east. Where are the limits to the north? Where is the source? We have a lot of unknowns and potential here. Some earlier discussions here noted that we need to keep snap lake a secret so we don't get bought out too cheap. Well, in my opinion this has not worked. We could get bought out at $2. From a share holders view, the secret approach just hasn't worked. Lets change tactics, give us all the data available, start drilling for the source, give the analysts at Snap a few diamonds for them to look at while writing their reports, drill to the north, south and east. Show us the diamonds on the web site and tell us about all of the drill hole locations and depths. No more secrets, why keep secrets that keep the stock price low and actually provide a better buying opportunity for a take-over of the company. Make a suitor pay for what we have, but we need to know what we have. A suitor is less likely at $50 than $2. We don't need no stinking mine, we need some excitement, some hope, cancel the mine plans, it's too risky, leave the mining to someone else. Don't hype the stock, but let's not keep it a secret either. Maybe George T, Fix and a few others can buy WSP out and triple their money overnight by changing strategy. The above is just my opinion and not a recommendation to buy or sell. Sorry for the rambling on, just had to get it off my chest. Dave M