Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (1027)	3/15/1999 5:19:00 PM
From: marcos	Respond to of 2006

I was looking for a re-entry point for Aber, but am not now. The cash is better spent on Winspear imho ... fwiw ... cheers

To: teevee who wrote (1027)	3/15/1999 5:34:00 PM
From: I_C_Deadpeople	Read Replies (2) \| Respond to of 2006

Putting aside our slight preferences for each company, this situation looks bad on both of them....I would like to see the JV agreement, the KRT agreement gives a JV till the end of the program to pay up ( must pay interest from the beg. of the program) and if you miss a year and get diluted, you can "buy" back in later to get your share back with a penalty...these JV agreements are always 6 million pages long... What is your take on the obvious disagreements between these two companies, is it specific ego's, or what? EW

To: teevee who wrote (1027)	3/16/1999 5:15:00 AM
From: Bob Fairchild	Read Replies (1) \| Respond to of 2006

The last time you were here preaching everyone to dump Aber and buy Winspear your followers missed out on a 77% appreciation of their Aber shares and saw their Winspear investment drop 50% in the same time period ! Remember last December ? As far as I can see, the management of Winspear have gotten a little too greedy and are trying to rip off their partner. Reminds me of Humphrey Bogart in the movie "The Treasure of Sierra Madre". I predict Winspear will lose in court and get the Joseph Murkh award.