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


To: FISHMAN who wrote (4586)12/23/1997 10:03:00 AM
From: The Fix  Read Replies (1) | Respond to of 26850
 
This is From Kaiser.......But the Market awaits the Word From "The George"!

Winspear Resources Ltd -

Kaiser admires persistence at Snap Lake

Winspear Resources Ltd
WSP
Shares issued 30775630
1997-12-18 close $1.01
Thursday Dec 18 1997
Also Aber Resources Ltd (ABZ)
John Kaiser, writing in the December 1 Kaiser Bottom-Fishing Report,
says Winspear Resources is a buy at $0.84; Mr Kaiser also has
named the company to his 100 bottom-fish recommendations for
1998. The US-based stock picker says Winspear never had much
luck with its Snap Lake NWT diamond property. After being tantalized,
the property failed to deliver and the stock plunged from over $4 to
nearly $1 in March 1997. Together with Aber Resources, Winspear
will resume a hunt for the feeder source in the area in early 1998 with
a $2 million program. Mr Kaiser says that like Gerle Gold, it is far too
soon to write off the potential for a major diamond discovery in this
part of Canada where geophysics is only marginally helpful. "A New
Year rebound is likely," Mr Kaiser says.


Fixer