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


To: Lorne who wrote (16082)3/19/1999 2:35:00 AM
From: brian krause  Respond to of 26850
 
Trust is a hard thing to earn but I wish you well with your investments.

Even if you own ABZ.



To: Lorne who wrote (16082)3/19/1999 2:59:00 AM
From: .Trev  Respond to of 26850
 
You're posting on the Winspear thread.
Speaking out to favor Aber.

What exactly do you mean when you say crossed over????????
Died??
Changed sex??
Sold your Aber??
Shorted WSP??

Trust may come but first it takes understanding, and a bit more clarity.

Luck and good fortune!



To: Lorne who wrote (16082)3/19/1999 3:45:00 AM
From: Andrew  Read Replies (2) | Respond to of 26850
 
Hi Lorne. Welcome to the thread. Abz has pipes with great economic potential but they do not have a guaranteed mine. Many environmental issues. Inco's Voisey's Bay nickel deposit looked like a guaranteed mine when they bought that property. I would not own ABZ at this point till it was announced that the mine has approval from Govt.

Andy



To: Lorne who wrote (16082)3/19/1999 4:47:00 AM
From: marcos  Read Replies (1) | Respond to of 26850
 
Lorne, I've been on this thread forever and I still don't trust myself completely, so don't worry about it. I understand what you mean with your 'Bottom line...' statement there, but it is not imho accurate to say that Aber has a guaranteed mine. Not till those permits come in anyway. Sure they have more drilled-off tonnage than Winspear at the moment, along with larger bulk samples, but they've never had the per-tonne figures that have come out of Snap Lake, and Winspear is still drilling .... wsp is just at an earlier stage of development, that's all. Speculative sure, but that's what it's all about. If everything was known it would be priced into the stock.

Looking at the market caps, Aber 47mil out x 9.50 = $446mil, Winspear 37mil out x 3.00 - $111mil. Four times the market cap on Aber, while Winspear is daily increasing tonnage and progressing on a bulk sample that could very well confirm valuations of over $300US/tonne [compare that to Aber's!].

This court case could whack the stocks, Winspear more than Aber. If it does, I'll welcome the opportunity to do some trading, haven't for a long time now. It just seems like a confirmation of an economic ore-body when the partners get to squabbling over share percentages. You can't have a mine without a lawsuit, they say ...... cheers



To: Lorne who wrote (16082)3/19/1999 9:33:00 AM
From: whiskeyjack  Read Replies (2) | Respond to of 26850
 

Welcome Lorne; The delay in reporting CF results (Jan
instead of expected Nov) looks to me to be caused by
ABZ screw up. WSP wouldn't report CF until ABZ was in/out.
It would be interesting to see the NR date of CF and the
default date on the JV contract. BTW we have a tortise
and hare race for the second producing diamond mine in
the NWT. I'm betting on the WSP tortise.
cheers,
wj