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

To: Claude Cormier who wrote (1282)	6/6/2001 5:35:37 PM
From: Brumell	Read Replies (1) \| Respond to of 4051

PLY interesting indeed, Claude. Also interesting to see how they play it. They've indicated negotiations with majors. Doubt they would drill before a deal concluded.... or would they? It's a good bet any major will want all they can get. If PLY will only jv. E1 South as stated, major will want right of first refusal for the balance. Another scenario has PLY going it alone. If drilling is successful, they would have no problem doing a very rich financing. Another option might be a participation before drilling assuming pre-drilling price continues to rise. Looks like big-league horse trading ahead for PLY management. Bob