Phoenix Metals U.S.A. - PMTU Message Board

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Gold/Mining/Energy : Phoenix Metals U.S.A. - PMTU

PMTU 25.79

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3:33 PM EDT

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To: micky who wrote (71)	1/24/1999 4:40:00 PM
From: banco$	Read Replies (1) of 80

Esoteric yes. The company bills itself as technology based rather than a mining outfit. At any rate the company's products are primarily platinum group which sets it aside from numerous exploration and gold based companies. Reason for investing is the same as ever - the company is beginning to engage in sales, and with any luck sales will grow and the company will be profitable. I have seen too many promising gold exploration companies fizzle and pay less attention to them than I used to. Disclosure should improve if and when Phoenix upgrades its exchange listing. The company has not hired promotional firms, so press coverage is limited to date.

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