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Gold/Mining/Energy : Prospectors Alliance Corp. (PALL- CDN) -- Ignore unavailable to you. Want to Upgrade?

To: BRILLO who wrote (167)	1/10/2001 12:03:33 PM
From: Midas	Respond to of 187

Brillo: Is it time to get excited yet????? I think so! 1 million tonnes of Cu-Ni-PGE mineralization worth $85 might mean that the company could develop an open pit worth $85 million. Their joint venture partner Falconbridge is developing the nearby Montcalm Cu-Ni-PGE play and have the mill/smelter facilities to process the ore. The Cu-Ni-PGE scenario looks good as does the Cu-Zn play in Bescherfer Township Quebec where SOQUEM drilled off 1 million tonnes of good grade Cu-Zn mineralization right up to the company boundary (their last drill hole was less than 25 m from the boundary). I think it's going to be a good year for the company. Midas

To: BRILLO who wrote (167)	1/10/2001 8:33:14 PM
From: matt	Read Replies (1) \| Respond to of 187

I spoke to claude bonhomme today and was advised that funds should be in place to resume drilling in loveland,halfmoon ,beschfer some time next week and at present only one drill is turning on jv properties in timmins .In 2000 the company was involved in 56 drill holes for over 16 km of drilling with five projects upgraded by significant results of economic grades.This was accomplished in a bad year for raising funds and all the amalgamation headaches.He was quite optimistic of the upcoming programs for 2001 with more areas to be upgraded from grassroots and the conclusion of new jv with majors on new projects for various metals.I wished him a happy new year and positive results in 2001.