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


To: wayne cath who wrote (11627)1/12/1999 11:14:00 AM
From: teevee  Read Replies (1) | Respond to of 26850
 
Hi Wayne,

I will state this as simply as possible: Confidence in the stone size distribution pattern, and in the context of type II kimberlite and the tonnage implications of a cone sheet model IS the very essence of this play. Will Kaiser's confidence be restored by Winspear making public strategic and proprietary data? Will the upcoming release of CF results silence the rats and snakes? I doubt it. Ultimately, they will not be silenced until the bulk sample results are out.
regards,
teevee



To: wayne cath who wrote (11627)1/12/1999 6:03:00 PM
From: Mr. Oil  Read Replies (2) | Respond to of 26850
 
From your post >>As reporter Mathew Ingram writes, Kaiser believes that because of a lack of detail about the sample results, he feels Winspear may be "on the threshold
of developing a dangerous speculative bubble over the next six months that
could take the stock into the $10-$15 range and finish with a catastrophic
crash akin to the Tli Kwi Cho bust of August, 1994," when the whole junior
diamond sector nose-dived.<<

Well this is one of the most bullish statements posted hear today. Kaiser, who has concerns enough to suggest selling 25% of ones holdings thinks we could go from $10 to $15 within 6 months. How terrible this would be...if one didn't buy and it went up like this. Now I don't think I have ever heard that one before. Sell 25% because this is a bubble which may burst at 4 or 5 times the the current price at which you should sell today. Watch out folks. Don't get burnt by rising prices. It happens. I wonder if those big blocks being bought today were some of Kaiser's transactions. Just a thought.

Ray