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


To: Alfonso Agostino who wrote (4245)12/1/1997 2:09:00 PM
From: bill  Read Replies (2) | Respond to of 26850
 
Latest RUMOUR is that WSP won't start to drill until March. Going to do a lot more testing first. That's two months from now. They were slow off the mark lat year and it looks like t he same this year. Doesn't leave much drilling time befor the ice stats to go in April particularly if there is a warm (El Nino) spring. If the rumour iks true, then we'll be operating on a tight time frame.

The jv, I've heard will be with NCS. I posted that some time ago. Whether there is any truth to it, there were a lot of people who did
were doing some buying and when I checked with a broker he said that was the cause. Then nothing came of it. It's interesting if now there are further rumours of a NWT jv reappearing.Something is holding the stock up in spite of the problems with ice and with the likely lateness of drilling. We're into tax loss selling, n o news. I would have expected WSP to have dropped to the high 60's. Instead, it's staying well above its pre-Snap Lake low.

Has anyone got anything more concrete than these bits of gossip? Any newsletter recommendations?