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

To: teevee who wrote (19049)	5/4/1999 5:50:00 PM
From: Gord Bolton	Read Replies (2) \| Respond to of 26850

I think that there is a little uncertainty over what effect the split will have on the share price of the main course. Some folks think that WSP will remain the same and the Diamondex will be a freebee. Others are thinking that WSP will drop back to a lower level to reflect the "loss" of the other properties and that they can then jump back in. I think at this point WSP has nowhere to go but up. A lot of work has been done on Snap Lake in the last three months with excellent results. The share price is the same as it was before Christmas. The drills are still turning and proving up more excellent tonnage. It will be interesting to see if Winspear has a little update for us at around the time of the split which could happen any day now.

To: teevee who wrote (19049)	5/4/1999 7:50:00 PM
From: maintenance	Read Replies (2) \| Respond to of 26850

I have noticed Canacord's selling. I have come to the conclusion that I have no idea what to make of Canacord's actions. I like your perspective of where the demand is coming from though. I don't know but I suppose that could be it. The way I see it if Winspear got lucky, then they are the luckiest group ever to have lived. They were lucky when they found the boulders, they were lucky when they found the clay, they were lucky when they took the mini bulk, they were lucky when they checked the drill holes. That has to be it, they are just lucky. I think they should take the shareholders money and buy lottery tickets as it is obvious that this is one lucky group of people here. Given that the values hold we should be looking at fifteen dollars and change. I'm with you, I can easily imagine some multiple of that after the bulk values are out. Cheers