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Gold/Mining/Energy : Prospectors Alliance Corp. (PALL- CDN)
PALL 205.67+3.4%Jan 25 3:00 PM EDT

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To: BRILLO who wrote (167)1/10/2001 12:03:33 PM
From: Midas   of 187
 
Brillo:

Is it time to get excited yet?????

I think so! 1 million tonnes of Cu-Ni-PGE mineralization worth $85 might mean that the company could develop an open pit worth $85 million. Their joint venture partner Falconbridge is developing the nearby Montcalm Cu-Ni-PGE play and have the mill/smelter facilities to process the ore. The Cu-Ni-PGE scenario looks good as does the Cu-Zn play in Bescherfer Township Quebec where SOQUEM drilled off 1 million tonnes of good grade Cu-Zn mineralization right up to the company boundary (their last drill hole was less than 25 m from the boundary).

I think it's going to be a good year for the company.

Midas
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