Phoenix Gold Resources (V.PHO) Message Board

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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: Ron Struthers who wrote (45)	6/13/1997 8:45:00 AM
From: virginijus poshkus	of 285

Ron, I run with the conservative bent when estimating potential share prices. But with only 5mm shs out and a $1.5mm market cap, it is not hard to envision a $5 bill sometime in the next 6 months. Promotion is one part of the formula, drilling results are the second part and getting the brokerage community involved is the third part. From the initial results on the platinum property and the new drilling starting soon just a sniff of good results will bring the stock up to $1. At this point money flow into the stock should increase parabolically. And secondary financing will be easily attained. Thanks for the update on the silver. vargas

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