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Gold/Mining/Energy : Micro-Fine Gold Plays - Franklin Lake, etc.

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To: George Alazar who wrote (61)11/24/1996 10:25:00 PM
From: Ron Struthers   of 615
 
Hello George, my internet provider has been upgrading to a new server
this weekend so site has been down quite a bit. About PHO, I doubt whether
mant know PHO has got a very nice Platinum property.

A couple years ago Iwould never recommend a stock without the $$$ to carry out
exploration, but funding is much easier to come by now with a lot of investor
and institutional interest in mining exploration. I think PHO will get the
funds and the stock will likely test the old highs. Once drillin starts and the
news is out on a N American platinum play, we could easily see PHO at a few $$
and any good results and who knows how high it can go. Is very little
risk buying at these levels.

The other point is there is no difficulty in extracting the PGEs.

Good Luck with all your picks
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