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Strategies & Market Trends : Winter in the Great White North

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To: CIMA who wrote (59)1/5/2001 3:29:30 PM
From: Condor  Read Replies (1) of 8273
 
Rankin Inlet...wow...can't imagine the capital req'd to produce up there with little infrastructure.
V.PFN and V.YMU are much better plays for a couple of reasons
1) they have drilled and already determined signifcant PGM's and are now trying to zero in and delineate.
2) they both have major majors backing their next drilling programs that start in Jan.
3) they are sitting virtually on top of the largest mining infrastructure in the world not to mention 2 of the largest smelters in Canada.
The article reminds me of the V.DBL (Darnley Bay Resources) play in the North West Territories. Great story but logistically a nightmare.
(buy well funded exploration plays in December and sell in April...but at River Valley in Sudbury they are probably going to prove up a mine it would seem. Now thats a rarity <gg>)
Thanks CIMA
Regards
C
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