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


To: james flannigan who wrote (15780)3/14/1999 8:51:00 PM
From: kidl  Read Replies (1) | Respond to of 26850
 
Thanks for the reports James, great work. We all owe you.

IMO the move not only makes sense but it's brilliant.

WSP is obviously very confident that they have a marketable product in Snap that will in the not too distant future come into play. By splitting off the other properties, they avoid unnecessary confusion in case of a take over attempt, allow future positive events on the other properties to be judged on their own merits instead of getting lost in Snap, clarify Aber's position as being limited to Snap and retain any possible future value in the other properties for WSP shareholders.

I bet you Dollars to donuts that a certain JP had something to do with that move. It's 100% his style.

kidl