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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (976)	5/13/2001 2:33:24 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4051

Russ, PLY will not remain intriguing for too long. Drilling is starting in less than a month. Those who financed this program at $0.20 per share are certainly confident that the it will generate a lot of speculation. The question is, as usual, will there be a discovery. The structure of the share capitalization and the kind of target they are after tells me that if they hit, those speculators buying at current levels will make huge money. On the other hand, drilling returns no metals values under the overburden, we are heading for a loss of 50%. I like this kind of risk/reward ratio for a some of my speculative money. BTW, did you check FGX trench results ?

To: russwinter who wrote (976)	5/14/2001 11:02:30 AM
From: geoffb_si	Read Replies (1) \| Respond to of 4051

Russ: Playfair is one of my favorites at these prices. As Claude says, we have to wait for the drill to prove something, but soil samples look very promising at this stage. A little tight on the cash, but they now have 8 base-metal majors interested in the property. Right location, good geology, great geochem. samples. Still, the 5M share PP needs to be cleaned out. My guess is that about 3M of those shares have traded so far, so I think we'll tread water in the .20-.25 range for a few more weeks, before it starts to trade up in anticipation of drilling. Geoff