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

To: Dave M who wrote (5240)	2/21/1998 12:49:00 AM
From: bill	Respond to of 26850

Someone doesn't believe there's a pipe. Lucas? Still selling, perhaps. ABZ backing out not only has spooked people but may mean all the ABZ people who bought earlier may be unloading. Sure would be nice to KNOW why as opposed to speculate why ABZ doesn't think there's a pipe in what seems like such promising ground. What is strange is that instead of installing confidence, WSP's having an African property and having a jv with SUF seems to have made people nervous. go figure. Oh, well, I, too, have owned WSP stock since shortly after the diamond play started. Traded some. Keep thinking they'll finally hit it one of these days.

To: Dave M who wrote (5240)	2/21/1998 2:50:00 PM
From: Patrick Laflamm	Read Replies (2) \| Respond to of 26850

All, Re the Spear drifting down... Well it seems clear to me. The big guys are putting their money to work elsewhere at the moment.(We did not see big trades or high volume) If WSP finds a pipe(s) in the current drilling program, the news will come out at the earliest at end of April? Am I right? Can some of the pros on the thread give estimates of the time it will take to drill, transport the core, get it analysed, leak the information and make a PR release for the shareholders? Regards, Pahww P.S. 12 warm degrees in Frankfurt today!