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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (240)	2/3/1999 8:45:00 PM
From: Sapper	Respond to of 1172

And another one...... Bishop says Kaiser's comments hit Winspear Winspear Resources Ltd WSP Shares issued 33,721,333 Feb 3 close $2.72 Wed 3 Feb 99 In the News Bob Bishop, writing in the Jan. 21, 1999 edition of his Gold Mining Stock Report, says Winspear's recent pullback can be attributed to concerns raised by fellow letter writer John Kaiser who on Jan. 8 questioned management's lack of disclosure. In particular, Mr. Kaiser suspected 75 per cent of the Snap Lake project's value resided in three diamonds out of a parcel of 1,387 stones. Mr. Bishop has followed Winspear's progress closely for the past five years, often with frustration; his coverage has included two buy recommendations -- in September 1994 at $1.44 and in October 1996 at $2.47. In February 1998 at 98 cents, he recommended his subscribers sell the stock. The much-followed stocks writer notes the company subsequently disclosed more information about stone-size distribution which confirmed his and Mr. Kaiser's suspicions. Mr. Bishop remains cool to Winspear, however, recommending investors instead buy Aber Resources, "a company with proven diamond deposits, a 32.2 per cent interest in exploration at Snap Lake and, in all likelihood, a strong market endorsement to follow." (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com