Phoenix Gold Resources (V.PHO) Message Board

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

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To: Baba 2 who wrote (209)	3/22/1998 12:07:00 PM
From: Sinker	Read Replies (1) of 285

Baba I think what you are saying is absolutely correct. The money here is in the potential of the properties as opposed to the short term influx of cash based on stocked silver sales. However, raising funds today is not an easy task, thus, financing their own project is the option. Once the cash starts coming in then they can either drill or further study the property. I hope it is drilling first. Silver was on the move on Friday as a WB follower felt that silver would play an all important roll in the batteries Ballard are developing to power the auto market. Not a stupid man that WB..and he controls Ballard.. Sink PS...Have you seen the Ford/Ballard commercials on TV promoting the battery powered cars?

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