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


To: .Trev who wrote (248)2/3/1999 10:14:00 PM
From: Mr. Oil  Read Replies (2) | Respond to of 1172
 
Thanks dear Trev. for that little wiping into shape. We shouldn't make any comments about the price going down I guess. This is for bulls only isn't it. Lets just keep the faith as you say and march steadily onward never complaining about the lack of bread and water. Eventually we will be in the land of milk and honey. Just forget the knocks along the way as they are there only to make you more determined to persevere til the end.

>>Warren Buffet wouldn't know a Spec Resorce Stock if it jumped up and bit him.<<

Now there is another good reason to pass on the resource sector. It didn't hurt him too much! If I wasn't so bullish on WSP, I just might take the tip!

Ray



To: .Trev who wrote (248)2/3/1999 10:55:00 PM
From: marcos  Read Replies (2) | Respond to of 1172
 
.Trev, you've mentioned your distaste for traders before, once on mpv which i didn't answer, sorry. Imho increased individual trading is to be expected with the increased and speedier access we have now, it's all part of the computer revolution. I think many if not most of us have some sort of compulsion to attempt to beat the market, and it doesn't necessarily mean we don't have buy-and-hold positions in the same stocks as well. Trading works well once you figure it out. Sure a novice will get all enthused and buy up on a run, then bail on the disappointment of a sell-off. But those who survive that stage go on to do well, and anyway it all adds to the liquidity of the market while reducing, imho, its volatility because there's somebody there to sell the runs and buy the dips.

I do trade this one, in a small way and only for a fraction of core stock.
If my mango tree had had an internet connection during the New Year's Run, I'd have been selling a few. Since I got back, I've been buying a few. Looking now for the bottom, and will try to be at the computer in the morning, i think it's going to get whacked in the first half-hour and then turn around, we've had three strong down days now and that won't be sustained. If it goes against me, like it did in Mar-Apr, well then I'll just hang around the thread and crack jokes and wait. No big thing, and none of it has any effect on the progress of exploration.

Check out the mood on the wsp thread last spring. Pretty bleak. But that was a time to buy. And one reason why I was able to buy was because I bailed big when Bishop pissed on the stock [at ~1.10, not .98 like that SW article says] while he was pumping Lexam. Which reminds me of a joke -
chart.canada-stockwatch.com <----- Bishop's Pick. rofl.



None of this will affect the timing of when Sophie hands out the dividend cheques.



To: .Trev who wrote (248)2/3/1999 11:08:00 PM
From: freddy  Read Replies (1) | Respond to of 1172
 
Well'if we're quoting,then let's not miss Sir John Templeton.He said,"isn't it funny how we flock to the store to buy the things we want when they go on SALE and yet, as investors, we become afraid to buy the things we want when they go on SALE."
I don't know if I got it word for word,but,you get the point.
Don't get me wrong,I'm not saying the people on this thread don't recognize the value in WSP or that they are afraid to buy.I just wanted to quote JT.



To: .Trev who wrote (248)2/4/1999 12:52:00 AM
From: Rocket Red  Read Replies (2) | Respond to of 1172
 
Trev.
I don't believe RT that those colored stones are not worth anything.
I know that not what were here for as the colored stones will be a bonus in the end.If there is a buy out you can bet that at some point and time we will here more on those colorewd stones.

PS I didn't buy Wsp for the Colored stones.Its just a ace in the hole for RT at some point.



To: .Trev who wrote (248)2/4/1999 3:22:00 AM
From: Cammo  Respond to of 1172
 
$$$$$$$$$$$$$$$$$
$$ Making money. $$
$$$$$$$$$$$$$$$$$




To: .Trev who wrote (248)2/4/1999 8:18:00 AM
From: james flannigan  Read Replies (1) | Respond to of 1172
 
Trev,You are correct that Warren buffett would not know a spec play if he fell on one.I have met Warren buffett on a Carnival cruise last Feb and have talked to him during that week it sailed.I asked him what was a good stock to buy? His responce was predictable "Berkshire",at that time the stock was trading at $50,000 US per share,yesterday Berkshire was trading at $75,000 us.Not bad for a guy selling sugar and water, and as a BRK holder i dont mind the way we make money,but in your post you forgot to mention BRK sells the highest quality diamonds in the world,through our %100 owned Borsheimes stores.One WB saying that might apply to wsp at todays prices goes,"when people get happy in the market,I get scared,When people get scared i get happy".Just thought i would clear up the water and sugar comments to point out that Warren sells diamonds as well. Have a good day .James