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

To: teevee who wrote (9304)	11/9/1998 2:02:00 AM
From: brian krause	Respond to of 26850

Ok so now the Ontario Teacher Pension Plan wants to invest. They have 34? billion dollars being kept in national contennt. Ha Ha Ha. Now seriosly. This kimberlite is all over. As teevee says. there is more than one blow. This would account for the baren sample. I think that there were several occurances through the same feeder system with the first one carrying most the rocks. these occured in combination with earthquakes that split the country rock. The granit may have been first weekend by a volcanic occurance which caused a cone sheet. Following that at the next sysmic occurance the rock split followd by more magma placement. followed by more

To: teevee who wrote (9304)	11/9/1998 7:27:00 AM
From: wayne cath	Respond to of 26850

Thanks Teevee............especially for the "relaaax' part..I agree with that!!....but also for all the time you spend sharing your opinions....... wayne

To: teevee who wrote (9304)	11/9/1998 9:25:00 AM
From: Sam	Respond to of 26850

I am waiting for it to settle back a bit so I can double up my holding ,but I am starting to get impatient,my fingers are getting itchy on that buy button sam

To: teevee who wrote (9304)	11/9/1998 3:32:00 PM
From: Radiosport	Read Replies (2) \| Respond to of 26850

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. Doesn't seem fair to count options in the money as cash available for WSP to spend. Why would anyone exercise in the money options unless 1. they were exercising them to sell the stock right away, or 2. the options were about to expire? If the options have a good deal of time left on them, and the holder has cash on hand and believes the price will go higher, then the extra money would be used to buy more stock, not exercise the options. If the option holder doesn't believe the stock will go higher, he should exercise and sell. Are you talking about a different kind of option? John