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

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To: Brumell who wrote (264)8/4/2001 10:29:49 AM
From: russwinter  Read Replies (1) of 505
 
<If they know they can pull mineralized holes from bedrock, PLY will fly.>

No assurance of that at all. Great exploration results are being consistently ignored now to the point of being ludicrous (read my recent rants on BGI, FGX, YMC, FWR). I say mothball it, cut expenses to the bone, and holdout for a higher commodity (zinc is near multi decade lows)price or stock price (for a PP), or a very favorable JV. Market cap is less than a million and a half US (quite reasonable for this excellent grassroots project), so we should do fine under that "realism" scenario.
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