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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Markham who wrote (184)	2/12/1999 7:36:00 AM
From: keith massey	Read Replies (1) \| Respond to of 350

Normally I would frown about a junior mining company spending cash to buy another junior. Just look at MAR last year which went from $69 million in cash to next to worthless in less than a year from investing in juniors. They bought DAY at $3 (now .23) and MCW at $4 (now .56). However WRM's purchase may not be that irresponsible. Since the cost was only $600,000 it is not going to break the bank. In addition KIT's price was already very depressed and the purchase price was close to the year low. I own WRM at .265 from a purchase in Dec. As long as they don't started buying every junior in site and keep up the current production numbers this is one of the safest juniors around. Best Regards KEITH