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


To: skelly who wrote (4016)11/16/1997 9:37:00 PM
From: GOLDIGER  Read Replies (2) | Respond to of 26850
 
Skelly, I,m going to have to disagree with you and here is why: MPV ran to a high of $9.50 a share upon the discovery of their first pipe. Now they have 4 pipes and the stock is trading at $5.50. The initial discovery phase, whether its diamonds, gold, or base metals, causes a much more spectacular run up in share prices than the proving up stage which MPV is currently in.

The speculative leverage in Winspear at $.70 in my opinion is better than MPV at $5.50. Granted MPV has 4 good pipes and more to follow.

GOLDIGER