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

To: whiskeyjack who wrote (19375)	5/15/1999 1:36:00 AM
From: bill	Respond to of 26850

It had nothing to do with WSP. Career opportunity. Couldn't turn the new job down. Took him away from a screen into administration. He still holds his stock but doesn't follow the company day to day.Can't call him and ask what's happening on any given day.He still is high on WSP. If I'd listened to him on Antler I'd be lying on the beach in the Bahamas. BUT... it is always BUT...you have got to play a stock on your opinion,not someone else's because it's your money. Nobody gets it right all the time. I wish I'd had BreX at 80 cents but I'm glad I didn't have it at 280$. Timing is everything.I've got a very good profit on WSP right now. If I sold Monday and results weren't good and the stock tanked, I'd figure I was a genuis.If it rocketed up, I'd figure I was a dope. Truth is, I'd be neither. Drill hole plays are spectacularly speculative. Sell the stock just before results come out and now and again you'll miss a big run up but 99 percent of the time you'll do better than by holding on. Bilecki, coming in at this level,and leaving himself no downside protection except a stop-loss, is putting his money on the line.I admire his guts. I'm too conservative for that. I've got my capital back, I've made a profit, whatever I get off the table is someone else's money. Makes for sleeping easy. Won't make the big score I would have if the results are great but if the market isn't impressed, I won't lose, either. We've all got to play it the way that works for us. Don't want to pump and dump but if any of the regulars on this thread have a few extra shekels, I've taken a large position in TPT. Check the TA. Really high risk but I think I'll make a few bucks. But, hey, every year I have lots of tax losses.)

To: whiskeyjack who wrote (19375)	5/15/1999 2:01:00 AM
From: Gord Bolton	Read Replies (2) \| Respond to of 26850

I think that when we get the next update from Winspear including recent drilling, CF results and an updated MRDI the escalator will be turned on. Then it should get real jumpy leading up to the report on the bulk sample grade. Every little jump in either direction will be analyzed to death. My bet is between 1.5 and two carats per tonne with plentiful chunkers in the bulk sample. If Winspear gives us a size breakdown from the bulk sample it will be even more interesting. teevee, I agree with you that this resource is expanding greatly with every new drillhole and the market just does not get it. It would be nice if Winspear gave us more regular updates on the intersections- like at least every two weeks just to keep the blood pumping.