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

To: leaf who wrote (26536)	8/14/2000 5:07:47 PM
From: Jake V.	Respond to of 26850

leaf: I have been pondering the same question all day,even picked up some more myself. The only reason I could come up with is to avoid the delays inherent with the exchange of shares. A sale now is cash-in-hand,but waiting for the deal to go thru means no cash till Sept. I think(hope) another small bump is in the wings since many analysts are using $7.50-$8.00 as fair evaluation at this stage of the development. Jake

To: leaf who wrote (26536)	8/14/2000 5:10:38 PM
From: james flannigan	Read Replies (1) \| Respond to of 26850

Outrages,sell a 11.5 billion dollar for 305 million.To bad great geloigests make such poor businessmen.While i have a profit with my WSP invesment,Iam completely dumbfouned as to how anybody could see any scence in selling at .o8 cents on the dollar.Good luck to all great threaders its been a wounderfull pleasure over the past few years on this wsp thread. James

To: leaf who wrote (26536)	8/14/2000 5:30:57 PM
From: .Trev	Respond to of 26850

I mean this in the kindest way possible but IMO there's only one thing crazier than doing it and that's worrying about somebody else doing it. Trying to figure out from peoples actions why they're doing what they're doing will drive you to drink or crazy or both UNLESS you have a very good source of information. If you've read the thread this morning you will know that I don't think the fireworks are over yet, because I've said so. I do not have any information to that effect either priveleged or otherwise. It's just a gut feel. The only sensible course of action is to be ready to tender since that represents the rock bottom condition for us all AT THIS MOMENT, and to wait for some days to see if the limiting conditions might change. I prefer to have the shares in my possession while I wait. Other people seem to think they only have to say please to get them back from DeBeers after tendering. My philosophy is that if you don't take unnecessary risks they can't go bad on you by accident or design. The other thing that occurs to me is that professional traders such as Brokers pay little commission any time, and may just be scalping pennies becasue that's what they do. Hope that helps a litle. Cheers Trev