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

To: robert marshall who wrote (5847)	5/3/1998 12:27:00 AM
From: Surething	Read Replies (2) \| Respond to of 26850

Hi Robert, The fact that some of the WSP insiders use offshore trading accounts will make it virtually impossible to ascertain exactly who dumped when or what. The VSE insider trading report not only is 21 days after the fact, it cannot track insider sales(or purchases) via offshore accts. It is merely a paper exercise. I'm still holding, but I'm beginning to wonder why. As far as the stock price goes, the market is getting tired of waiting for results. Lets see: 20 months and over $6 million since the "Snipe" story began there's still so much the Co. doesn't know: 1) Why has only 1km North- South strike length(dyke)been determined thus far. Wasn't the purpose of using hand held drills last summer, to fully determine the strike distance?? 2) With the number of holes punched into the lake the past two drilling seasons, I think that the Company should have a pretty good idea of the down dip extent of this dyke system. 3) The idea that the company has let the stock price slip to this level for the benefit of the small guy is ludicrous, afterall plenty of little people got burned in the $3-4 range last year. The behavior of WSP stock price indicates one of two things IMO: 1a) Everything released thus far has been a series of half truths, and were stuck with uneconomical moose pasture(remember the supposed 107m intersection at 186 last year,in which the shareholders were conveniently told about the monolithic "feathering" 12 weeks after the fact) By that time the insiders had long since sold their shares at much higher prices. or..................... 2a) The company does indeed have the goods, and are just trying to get our shares for next to nothing. Either scenario would fit this management. I'm Holding- they can have my shares at 10.00. Best wishes Surething

To: robert marshall who wrote (5847)	5/3/1998 11:05:00 AM
From: Gone Bonkers	Read Replies (1) \| Respond to of 26850

Me too. I did my apprenticeship on stock trading last year with resource stocks which gave me a tough and realistic lesson on how you can sink your portfolio when you don't know what you are doing and for many even when you are experienced. Last year also gave me a nice tax write off I for the gains I have made in stocks such as GNNX PNLK and DGIV which have had short term gains of over 1000% and more to come. Many other emerging internet and communication stocks can be discovered on the si "tokyo joe" and yahoo "fine" threads. I can't wait until the resource stocks become favorable again. There should be great opportunities here and I have a personal revenge factor against these mothers which taught me such a tough lesson. Also penny stock recommendations at "www.pennystocks.net" gives recommendations of stocks around .20 that are projected to raise to 10.00 in one years time. Some of these are already kicking ass. Check it out.