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


To: BWEEB who wrote (6971)7/8/1998 3:46:00 PM
From: bill  Read Replies (3) | Respond to of 26850
 
Interesting questions but I wouldn't immediately jump on
the credibility of the WSP management. I find it interesting
that a number of posters who are new to this thread have
made a concerted attack on management. Unfortunately, the
ability to post anonymously also means being able to keep
hidden agendas hidden. There were attacks on a size of
the resource, then on the likely grade, then when the resource
is seen as expanding and the grad eis high, the attacks have
shifted to repeated attacks on management. It raises for me
real questions about the identity of the posters who are
supposedly looking out for the welfare of the other members
of the thread or stockholders in general. Personally, I'd
be inclined in the face of anonymous posting to assume that
such people a. don't own any WSP stock (otherwise they have
suicidal tendencies) b. are paid employees of other diamond
exploration companies who can't grasp the fact that the
failure of another company won't make their company any more
successful c. are short sellers d. have made a wrong call
and are bitter and angry about it and are determined to be
"right" no matter how nasty they have to be.

I have talked to RT a couple of times, Sophie, numerous times,
know brokers who have been in the business for thirty years
who believe the management of WSP to be honest. Nothing
I've seen or heard in my years of following WSP establishes
management as being dishonest.

I do know there has been some effort made to find out the
characteristics of the diamonds. I also know that those
efforts have been by competitors. Since you know so much
about diamonds and are heavily invested, perhaps you
like to tell us who you are.