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

To: Kevin Hamlin who wrote (7053)	7/11/1998 10:37:00 AM
From: Mr Metals	Respond to of 26850

Excellent post Kevin:-) C-ya on the bid too. MM

To: Kevin Hamlin who wrote (7053)	7/11/1998 11:12:00 AM
From: E. Charters	Read Replies (2) \| Respond to of 26850

Perhaps they have some options that hedge this buying spree? Also be careful of the insider trading indications as it is 15 days out of date. They could have sold a bundle. It is also hard to tell with such substantial holdings what their average price is. If its 50 cents I wouldn't be too worried about a few shares either. I would suggest that Lucas may hold his shares at about 30 to 40 cents average price. This may not be big money to him. Remember this VSE is a rigged market. They manipulate it entirely. They know what life the play has and how to get the most out of it. It is apparent that they may believe that they can keep it going for a while. I would watch it carefully with Mike Muzylowski in it. He can set the price pretty cynically as he has some brokers who like to play. He may look for mines and all but I have seen some awful baths his shareholders have taken. And trust me, they know the results before you do. I wouldn't anoint Lucas for his buying in June. When did he know about the 8 carat diamonds no matter how they got there? If he knew and bought early he is a saint? I wouldn't trust Muzylowski if he were blind deaf and dumb. I lost some claims in Newfoundland to a partner hiding his interest and Muzylowski ended up with them, and if he didn't know it was a rip off, he damn well suspected. EC<:-}

To: Kevin Hamlin who wrote (7053)	7/11/1998 12:50:00 PM
From: Surething	Respond to of 26850

Hi Kevin, I've been watching these guys(Lucas in particular) for some time. The number of shares purchased are small potatoes in comparison to shares held, and lets not forget the 2.2 million options waiting at 1.62. These guys are pros. and have a lot at stake in running this stock up. It will be interesting to see what Lucas has been doing in the interim. Gulp-three more weeks! Best wishes Surething

To: Kevin Hamlin who wrote (7053)	7/12/1998 8:36:00 AM
From: Doug	Respond to of 26850

Kevin...Thanks for the great information...we need more posts like yours instead of this bickering...one post I always always past is EC's Thanks Again..........Doug