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

To: Rocket Red who wrote (10813)	12/22/1998 10:27:00 PM
From: teevee	Read Replies (2) \| Respond to of 26850

Hi red, Just a note of caution. Peter Brown and his pal Jimmy Pattison could at any time sell WSP down the toilet in about a New york second and laugh all the way to the bank with your and my money. Players on the TSE are not going to be very keen about taking Pattison off his paper. I would have preferred just about anyone else to have been the large subscriber to the private placement. When these guys hit the sell buttons, and if you are still long, it will likely have been to late for you. I am a big believer in the geology side of the story, however, there is also the market side. I am also very confident that results to date will stand up and the tonnage will easily get over 50 million, drill indicated. The market is going to have to buy the WSP stock on a results driven basis for this stock to go to the moon, and ultimately, majors like De Beers and RTZ are going to have to step in to the stock (not the property directly like with MPV for example) to get maximum prices. By the way, watching insider trades, its a waste of time. By the time you see it, its too late. My position is intact and will remain so until the bulk sample results are out, but this will likely be a real bumpy gut wrenching ride-the violent price swing gyrations haven't even started yet. Good luck. regards, teevee