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Gold/Mining/Energy : FREEWEST RESOURCES T.FWR / M.FWR -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (197)	3/1/2001 5:14:06 PM
From: Bruce Robbins	Read Replies (1) \| Respond to of 253

russwinter, I agree that FWR has some interesting projects. They have too many projects IMO. FWR must have a high "burn-rate" with all the property commitments and exploration they are doing. If this market continues (the one where base-metals, PGEs and gold are stagnant or falling) much longer, companies like FWR IMHO will "burn out". With the 40 million shares, all the property deals (where they owns parts of projects), and the exploration commitments FWR has IMHO I do not see much of an upside to the stock unless of course they discover a Bushveld or Hemlo. As you said it is hard to lose at 0.25... Bruce