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


To: teevee who wrote (9016)10/30/1998 2:35:00 PM
From: Charles Kalb  Read Replies (1) | Respond to of 26850
 
To All.....Forgive me if this has been discussed in prior posts the past few weeks and I somehow missed it, but my broker told me this morning that he had heard that DeBeers has been quietly buying Winspear stock through a number of houses. Is this common knowledge now or in the unconfirmed rumour category? If they are buying, has anyone heard magnitude of share purchase? If true, and if share purchases have been substantial, wouldn't this be a strong argument for holding? You know, the "smart money" argument?

Charles