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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (1863)	1/13/1999 3:08:00 AM
From: Tomato	Respond to of 2251

Just read through the full Kaiser report that TAZ copied on WSP thread. I guess I'm left with the feeling that WSP mgt. is shortchanging shareholders by not being more forthcoming. Kaiser poked some big holes in the argument that RT and friends use to keep things secret - DeBeers will use the info to WSP's detriment. The truth will out, I say! I just hope that Kaiser's broadside will cause mgt. to put all their cards on the table for peons like you and me to see (but I'm not holding my breath). Their arrogance is annoying, to say the least. One of Kaiser's criticisms, if I understand him correctly, is that most of the 18 >1 carat diamonds (other than the 3 biggies) are probably either non-gem quality or poorer than would be expected. If this is untrue and the >1 carat stones are primo quality, all WSP has to do is release the info. The lack of info on the color of the stones is also indefensible, IMHO. Kaiser says WSP has 49.2 million shares fully diluted. He's been wrong many times about that number- I thought it was around 47 or 48 mil now. Nowhere to check on WSP's website. Actually, Kaiser's mistakes in "little" things like the number of shares makes me wonder about his big picture. Lots to think about. I still feel that the MRDI scoping study should keep the share price from going much lower.