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

To: Claude Cormier who wrote (267)	8/6/2001 1:46:15 AM
From: Brumell	Respond to of 505

Claude: Briggs mentioned the figure $500,000 was available from a broker. Name and specifics were not given. It was mentioned at a public meeting. In hindsight I believe it was a very significant remark and is likely what they'll do. On that basis I arrive at another 2.5 million shares (if issued at .20) plus a similar number of warrants. Again, it was always their intention to go it alone at San Miguel. The idea of a jv. was floated after their last PP. It may have helped sell a lot of stock. However, I believe they were interested only if substantial front money was attached. Briggs says they want to do a $250,000 drill program starting in September. I believe they will do exactly that. Their objective is to establish a causal relationship between anomalies and bedrock. I believe Briggs knows he can do that and if he does, we have a market run. Bob