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

To: Frank who wrote (3933)	11/14/1997 5:13:00 AM
From: Patrick Laflamm	Respond to of 26850

All, I was in Frankfurt yesterday so I only saw WSP's latest news release on my return this morning. Hummmmm... very good news! I believe the stock did not move much because houses and individuals are flipping it. Anyway, it does not really matter to me, as far as I am concerned the price can go down to $0.01... I'm just waiting for the winter-spring drilling program to begin! That's when we'll know what we have. I will buy some more WSP shares in the next weeks/months... The source is in the lake! A la prochaine, Pahww

To: Frank who wrote (3933)	11/14/1997 8:17:00 AM
From: maintenance	Read Replies (1) \| Respond to of 26850

To All, I'm am concerned with this talk of an acquisition. I has invested in Winspear based on the Snap lake exploration. If Winspear uses cash to buy another property or another company it will be a sign that they have lost confidence in the snap lake project. I don't want Winspear to diversify I want them to find the source of these boulders. If shareholders want diversity they will buy several other stocks, this is not mangement's decision to provide shareholders with diversity. If there is an acquisition, and it does not include property in the immediate area of Snap Lake, watch the price dive. I there is an acquisition that does involve property in the Snap Lake area I would expect the price race ahead. Last week we had WSP with diamondiferous boulders and no source, now we have the same. I don't see that the latest news release should have a significant impact on the share price. I hope WSP spends our cash on locating the source, not on acquisitions. Good luck to all.