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

To: Gord Bolton who wrote (11471)	1/10/1999 7:36:00 PM
From: skelly	Respond to of 26850

Lots of possibilities here. This year should be exciting to all NWT players. (you , me and the others.) cheers

To: Gord Bolton who wrote (11471)	1/10/1999 7:48:00 PM
From: Mr. Oil	Read Replies (2) \| Respond to of 26850

(This is not directed to you specifically Gordon.) While a takeover may ultimately be the result of further positive news, I rather think that we are getting a little ahead of ourselves wondering if DeBeers and others will make a grab for the lake in a 'Snap'. It would be good to monitor if possible how many shares the potential suitors are accumulating but I know of no way of doing that. The thought does beg the question though that if any suitor who may have a fuller appreciation of the value of WSP's find than most of us retail investors should make a premature and early hostile bid, does the company have any defenses, such as the poison pill or do they have sufficient shares in friendly hands to thwart a 50% plus 1 buy out? Of course this is still way ahead of the time when this could be an issue as the results of the bulk sampling and this seasons drilling will have to be completed to precipitate such a move. However it might not be so far fetched if they find the feeder. Oooo! That thought makes me wish I still had what I sold. But they might not so I will hold what I own with interest. Best regards to all. Ray