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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (1624)	11/8/1998 6:11:00 PM
From: whiskeyjack	Respond to of 2251

teevee; multiple layers, one around 200m and another at 400-500m does seem more plausible and easier to comprehend. Source in SE quadrent is my alternate guess based on dip and deeper K intersection heading that direction (mostly east). wj

To: teevee who wrote (1624)	11/8/1998 8:38:00 PM
From: The Fix	Respond to of 2251

Thanxs again, Check your P.M. eom. fIXER

To: teevee who wrote (1624)	11/18/1998 4:15:00 AM
From: Tomato	Read Replies (1) \| Respond to of 2251

teevee, I don't know about you, but I think this financing sucks. As you so rightly figured out, WSP should have about $12mil available to it if the bulk sample is ok and the stock moves above around $3. Even if it stays at $2, there should be a bunch of warrants or options exercised bringing substantial money in. And the 5-10,000 tonne bulk sample should pay for itself and perhaps make some money. So why do they need a PP? If I'm reading the NR correctly, the 5 mil. units if exercised will mean 10 mil more shares or a 27% dilution for current SH. This stinks! When you figure how much our shares are worth now, subtract 27% from your figure. I figured a dollar for every million tonnes. Now I better figure about 73 cents. So if they prove up 10 million tonnes, it's $7.30 a share instead of $10. RT, I'm sure, could care less, since he's got options up the yin yang. In the 2 years I've been following this stock, one thing remains constant - and that is that RT IMHO has no concern at all for shareholders and a lot of concern for himself. The way I look at it, if the bulk sample is a big failure and the stock tanks back to 43 cents, RT has another couple years to be CEO and collect his salary and cheap options issued at lower and lower prices before WSP goes bankrupt. If RT really believes he's got the motherlode at Snap Lake, there's no reason for the PP. Just my 2 cents, which is now worth about 1.46 cents.