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

To: kidl who wrote (17185)	3/30/1999 9:30:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 26850

Kid1 Well it looks like the Dog and Cat fight that started all this in 1998. From What I make of it Winspear did not send any documents to Aber so therefore Aber will retain its Share.Unless Winspear has a different Story???????? Well I think everyone should get the Message now That Winspear offered 60mil to buy out Aber.Aber looks to me wants to keep there share of Snap Lake.The Mine is in the making when all this stuff comes to light.

To: kidl who wrote (17185)	3/31/1999 8:52:00 AM
From: Letmebe Frank	Respond to of 26850

Some calculations on the $50,000,000 offer: Issued Share Balance as at September 30, 1998 = 32,901,333 WSP close 3/31/99 = $3.40 Abers percent interest = 32% Market value of Abers interest = $35,796,650 So based on current share price, Aber would have been wise to take the offer - unless they thought WSP shares are undervalued. An offer of $50 mill values each WSP share at $4.75. Perhaps that explain the run up to the $4.80 price in January???