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Gold/Mining/Energy : PLAYFAIR MINING - PLY . V

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To: Brumell who wrote (257)8/3/2001 5:42:35 PM
From: TrueScouse  Read Replies (2) of 505
 
<<I believe PLY can show a causal relationship between bedrock and anomalies by drilling. I believe management know they can too. When they do, PLY will fly.>>

I agree with you on this, Bob, but I also think that Claude's right the about jv. With current funds (or lack of), if they drill, miss the anomaly and run out of money, PLY's toast IMO. If they hit, fantastic :^) , but it's a huge gamble.

If they jv and give away a piece of the pie, it looks a very good chance that a drilling program by a major or a junior could hit something really big. I'd sooner have 30% of an elephant pie than 100% of nothing!

Regards,
Howy
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