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


To: The Fix who wrote (15473)3/6/1999 7:42:00 PM
From: LaFayette555  Read Replies (1) | Respond to of 26850
 
pays out a 60¢/pa distribution off 4.50 that's a good deal to start off,

plus it is at rock bottom because of the Aisian + commodities + oil
crisis

supplys thermal coal to generate electricity to Utilities out West,
the utilities (gvt owned for some ) have built expensive coal power stations right next to Lus's pits.. they aint about to turn off the lights

Peter Laugheed (sp) ex premier of Alberta is the CEO, I dont belive they will go belly up

the minute the Asian economy picks up this stock goes to $ 6 - $ 9
at least

so you have income + capital gains + relatively good security

good cash management stock for traders IMO