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

To: donkeyman who wrote (11381)	1/9/1999 5:12:00 PM
From: Gary Nash	Read Replies (1) \| Respond to of 26850

I agree this is certainly a nice project with a POTENTIAL mine, and that is why the funds were raised in the first place. The money has to be spent according to the terms in the private placement that has raised the money. So it is NOT a comfort to see WSP spending millions on the property, but rather a condition for raising the money. The delaying of results really bugs me, and unfortunately, it is a common practice in the junior capital market. GENERALLY, but not always, it does mean poor results or results which do not progress the project at the time. So in that regard, Paquet is right. But there is much to be learned over the next several months. MAYBE Follingsbee is right about the geology, but I, for one, will not risk any more money with the information in front of us. There is far too much hype to justify the ridiculous prices at the moment. It is far less risky to pay $10 for the stock if the results justify the price. That is when a stock really begins to run.