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


To: Rocket Red who wrote (14377)2/11/1999 1:36:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 26850
 
Judging only by the number of posts on the winspear threads tonight I would not be surprised to see a $5.00 open tomorrow morning. Much has happened over the last six months with regard to the program and the stock ownership. We have gone from EC making spurious comments about the ocean being salted to a full endorsement by the largest Bank in the world. All indications are in a word--awesome
A great deal of the stock that was loose has already passed into much stronger and longer hands. There is a certain point in an exploration program of this kind when the sceptical become believers and when many large institutional investers decide that they cannot afford to miss out. The institutions often reach that decision point at about the same time. The traders decide that they might just go looong and those who were worried and considering selling have already sold.
We have a 12 million dollar program ready to rip, a solid endorsement that the stock is undervalued by a factor of five, many rumours of takeover talk,....
Think about it. Who would want to sell tomorrow morning? I just wish that I would have bought more. Good luck everyone.