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


To: Rocket Red who wrote (17518)4/3/1999 11:39:00 AM
From: Digger  Read Replies (2) | Respond to of 26850
 
You have hit the nail on the head. Now - how and when do they make their move? If before the bulk sample and it is a bust they lose. If they wait and it is a bust, bye bye, but if it is great it could cost them an arm and a leg more but they can afford it.

High stakes poker, anyone want to make a call on when? They have been in on so many diamond plays during their history they know more than perhaps anyone, IF THEY HAVE ACCURATE INFORMATION, and this is why so much secrecy. I still would not be a bit surprised to see a bid before the bulk sample if they think this is big enough the justify the risk. Don't think they are not trying to get every scrap of stuff as soon as they can. This is not paranoia, it is big business. Sure wodke to be a fly on the wall, even if it is a friendly takeover the price has not been determined.

The price may have already been discussed and agreed upon. And then, a lot depends on Hilltop. With only 4m shares, a hit there is very big time, maybe even more per share profit than Snap.

Don't you just hate weekends when the market is closed? Hope the drills didn't take a holiday.