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Gold/Mining/Energy : Plata Mining Limited (PMT.A)
PMT 12.32-2.3%3:59 PM EDT

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To: j.oil who wrote (57)4/2/1999 8:44:00 PM
From: Ulster1  Read Replies (1) of 68
 
J.Oil, you bring up a good point in regards to why Plata would have the opportunity to pick up a major piece of property. One must first realize that Plata is not saying anything at all about any projects. Plata has the management in place that distinguishes it from 99% of the junior mining Co.'s. In all of my DD, I keep realizing how committed and connected these people really are. Have you ever invested in a junior mining company with a supposedly incredible piece of property or some sort of a prime concession...only to find out that there is no money available to develop it? Plata, due to it's connections both political, and in monetary reference have clout. Not only does Plata have access to many potential projects, it has the money access to talk turkey with anyone. Money access opens up big doors to talk with big players. Money access allows you to recruit top notch people to your board and enables you employ expert advisors with experience. Why? These people know that they have the resources to create a company, and not a play. Their names are worth much more than a play or two.
Later,
U1
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