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

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To: geoffb_si who wrote (297)8/16/2001 4:43:36 PM
From: geoffb_si  Read Replies (1) of 505
 
Bob:

WTC (Western Copper) is a good example of what can happen when a junior JVs to a senior. Monster deposit; good economics (although we don't have a feasibility study yet); stock price soared to over $10; since then, the stock has plummeted (last I looked it was $1), as WTC has been at the mercy of Teck's agenda.

A good example of what a bad deal can do to a junior.

Geoff
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