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

To: brian krause who wrote (9303)	11/9/1998 1:18:00 AM
From: teevee	Read Replies (4) \| Respond to of 26850

Hello thread, Lets be calm and rational for a minute, Okay? Winspear has about $12 million available in a combination of cash (~4.5 million) and options etc. that are in the money. When you consider that for every $2 bucks that Winspear spends at Snap,Aber has to spend a dollar, that adds up to a total of $18 million in total available. When you factor in the the bulk sample will pay for itself, why would Winspear have to finance? they could do there program and still meet Toronto listing capital requirements, if they want to list there (I'm sure "eastern" money will insist on a Toronto listing as they don't like to feed a certain rabbit and the rest of the warren out west). I say sit back, enjoy the ride, and don't get shaken out by violent price gyrations that will accompany higher share price levels ( I got shook out of Diamond Fields at $58). Maybe now would be a good time to head south and go golfing and fishing for a few months. Relaaaax. regards, teevee