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Gold/Mining/Energy : LAYFIELD RESSOURCES (LAY-VSE)
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To: Gord Bolton who wrote (452)12/12/1998 12:47:00 PM
From: hedger  Read Replies (1) of 528
 
gord, sure are fabulous web-sites for both lay and tki, loaded with info. seems like when this happens that the co. is ready for a load of pr work and of course lay needs to looking for more jv partners.
it shld be quite an exciting few weeks if tki has the same success in finding kimberlites and lay comes in with some decent diamond counts. looks as if tki has the property to be a hit doesn't it?
kind of reminds me of the svb preliminary to drilling and all the pr they had esp donner with cd's etc. i believe we will see different results though from those at svb this yr. (still do not think that play is dead yet, where did that pots and pans core come from?)
i heard that lay has around a million saf left, i had thought they still had up to 2 million, even after their deal with saf on the molopo property. have they been using this for cash in the last while? it is so important that a junior has cash today as they can be dismantled rather quickly without something in the treasury.
i have been in lay for a long time and have a substantial interest and when i read about their position now i think it is time to sell off other juniors going nowhere and load up even more. i get from your posts you are of the same mind. we have to get this play out there for investors to see.......
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