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Gold/Mining/Energy : PLAYFAIR MINING - PLY . V -- Ignore unavailable to you. Want to Upgrade?

To: Brumell who wrote (257)	8/3/2001 5:42:35 PM
From: TrueScouse	Read Replies (2) \| Respond to of 505

<<I believe PLY can show a causal relationship between bedrock and anomalies by drilling. I believe management know they can too. When they do, PLY will fly.>> I agree with you on this, Bob, but I also think that Claude's right the about jv. With current funds (or lack of), if they drill, miss the anomaly and run out of money, PLY's toast IMO. If they hit, fantastic :^) , but it's a huge gamble. If they jv and give away a piece of the pie, it looks a very good chance that a drilling program by a major or a junior could hit something really big. I'd sooner have 30% of an elephant pie than 100% of nothing! Regards, Howy

To: Brumell who wrote (257)	8/3/2001 10:21:17 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 505

<Unfortunately it's most likely IMO> I wouldn't say so. It might be very hard to get additional money for pp's. I don't know about Mr. Briggs connection. But Mr. Moore who is a director of PLY had to cancel a PP for one of is companies not too long ago... no funds available. OK.. PLY has a nice property... but you would think that it would not be a problem for a major wanting to strike a deal to subscribe for say a few milllions shares at $0.25-0.50... So if they can't with a major... they might not be able with the public or friends, either. <My hunch is they've always wanted to go it alone and will. > So you mean we are heading fro 27M shares fully diluted -::))