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


To: bill who wrote (4373)12/8/1997 6:56:00 PM
From: George J. Tromp  Read Replies (1) | Respond to of 26850
 
Hello Bill: I think I better start laying off the gin huh? Thanks for the
info Bill. I have a few as well that have a lot of repect for their program
at Snap Lake. Bill many people at least the ones I have had conversations with are still in the show me mode concerning Alberta.
Personally I would rather Winspear expend their dollars in an area
of proven kimberlite economics. and even possibly gear towards an
aquisition mode and secure a small producer to ensure future cash
flow down the road. That selection process can be lengthy and with risk in itself. I think Winspear has assembled some of the finest technical staff in the business today. They may be slow in the
shareholders view but are methodical and diligent in their Snap Lake
program. I said some time early that one of my criterias for retaining
and holding a diamond stock was its ability to rebound . If one selects
and loads all his shells for one hit., he better make sure that they score on the first attempt. My decision was dictated not only by the
geology but the ability of that company to bounce back. So as they
say Like a Rubber Ball., you keep bouncing baack to meeeee.
Take care Bill and thanks for the info.