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


To: The Fix who wrote (8118)9/28/1998 7:16:00 PM
From: Chas.  Read Replies (2) | Respond to of 26850
 
Hi Fixer...... I am not Chuck Fipke, never was, never will be,.... although I've been places most men will never go and I've done things most men will never do......but that's another story for another time......regards your thoughts on Aber selling their jv share to BHP or RTZ, I don't think they can do that, I think Wsp would have a "first right of refusal" clause and just buy Aber out of their jv portion, leaving them a 100% owner, I see DeBeers as being the most logical big suitor because of the proximity of Wsp to MPV, putting a mine inbetween the two makes a lot of sense........this is of course assuming Wsp will sell to anybody.....I honestly don't have a feel for their mindset on this.....are they going to remain "explorationist's or are they going to become miners, or try to do both......??? I believe Wsp is presently pulling out all the stops to prove up their resource tonnage and the fact that it is the primo $/ct, $/ton resource in the NWT, then and only then will they be in the drivers seat.....and if it all comes to fruition as it appears it will....they will be in a most enviable position.....no matter what tho ..I think it bodes well for all Winspear stock holders...a very interesting next 3 to 6 months......