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


To: Rocket Red who wrote (10859)12/24/1998 12:40:00 AM
From: .Trev  Read Replies (1) | Respond to of 26850
 
Yeah but what I'm saying is that it's impossible for us to judge what is really best for All the Shareholders at any given time. If you saw the TV program "Forbidden Place you must remember how often they stressed the importance of secrecy and confidentiality. Let's face it if it were a s easy and open as some of us would like to think, chances are somebody else would have done it.

It's fundamental that we must trust management's judgment on what to say, to whom, and when. There's a lot more to this game than poking some holes in the ground, and it's the bottom line that counts.

We should be trying to figure what we can do to help Randy and gang not even thinking about carping at them. We just added one of the smartest business guys in the West to the team, and when he gets his feet under the table watch out for the heat to go up a few notches because he didn't make up his mind to commit about $10 million in just 5 minutes. He did it after his usual very thorough analysis of all available information. If we're not there already we are sure as hell headed for the big time and we shouldn't be thinking small. That's all!!

Buy units 1,900,000 @ 2.25 = $4,275, 000
open market 993,500 @ 2.00 = $1,987, 000 estimate

warrant 1,900,000@$2.50 = $4,750,000 when subscribed
total $10,987,000 No mere bagatelle

For this man to envisage spending this kind of money I would have to say that he expects to see a substantial return rather soon..

Vaya con dios friends

Ps In the meantime if there are people who can't or don't want to understand what's going on there's only one thing I can say......Tough!!!!!!