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

To: Rocket Red who wrote (738)	3/13/1999 11:13:00 PM
From: Mr. Oil	Read Replies (2) \| Respond to of 1172

>>If it is true that Aber will Lose more percentage of Snap Lake I certainly disagree with you this time that Winspear share will fall again. << If Aber looses more of Snap Lake then true it will be of greater benefit to WSP shareholders...long run. But will it be good in the short run? I hope so but I am not so confident about that. The market price dropped on good CF results. Why would it go up on something like this. The best I would hope for short term is sideways trading to continue. Fridays close didn't give me that comfort. We will see. I find it hard to get the market to see it right don't you? ggg Ray

To: Rocket Red who wrote (738)	3/14/1999 12:34:00 AM
From: stanley new	Read Replies (1) \| Respond to of 1172

If Aber is really in default and loses part of Snap Lake, it would appear that they do not have great confidence in Snap Lake, or they are totally committed to their other major project and cannot afford to be involved in both. The market could interpret this as Aber's lack of confidence in Snap Lake and/or Winspear and this could drive stock price down until good news is seen. We can only wait and see, unfortunately. You just never know on these plays. Most of them fizzle! SN