Phoenix Gold Resources (V.PHO) Message Board

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

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To: Richard Mazzarella who wrote (117)	9/24/1997 12:35:00 AM
From: Ron Struthers	of 285

Hello Richard, IMO PHO is shaping up into a very good silver play. It appears they will soon be in small scale production. The Coyote Knolls property is in an area known for large silver deposits and thus far the property is showing good potential. The silver grades are very high which means profitable at even todays low prices. As PHO proves up more silver and silver rises as I expect, it would be two big positive fundamentals for the stock. The platinum property could be all gravy. The recent news did not tell too much new here, other than more gold potential. I hope we will see some drill results soon that will shed more light on the property potential. Ron

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