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

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To: Brumell who wrote (257)8/3/2001 10:21:17 PM
From: Claude Cormier  Read Replies (1) of 505
 
<Unfortunately it's most likely IMO>

I wouldn't say so. It might be very hard to get additional money for pp's. I don't know about Mr. Briggs connection. But Mr. Moore who is a director of PLY had to cancel a PP for one of is companies not too long ago... no funds available. OK.. PLY has a nice property... but you would think that it would not be a problem for a major wanting to strike a deal to subscribe for say a few milllions shares at $0.25-0.50... So if they can't with a major... they might not be able with the public or friends, either.

<My hunch is they've always wanted to go it alone and will. >

So you mean we are heading fro 27M shares fully diluted -::))
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