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Gold/Mining/Energy : PHILEX GOLD INC (PGI) - TSE.... Trading at under 30% book -- Ignore unavailable to you. Want to Upgrade?

To: John Dally who wrote (52)	8/29/2001 1:56:36 PM
From: Ron Struthers	Read Replies (1) \| Respond to of 86

John TSD-23 is not out yet, I was just speculating by what was described in the press release and it is only 20 meters north of TSD-6 Ron

To: John Dally who wrote (52)	12/19/2001 6:46:27 PM
From: charred	Read Replies (1) \| Respond to of 86

20 million US for 10% of the deposit makes me think that the property is worth at least $200 US. Since Philex is carried, their 20% would be worth at least $40 million. Or $1.60 a share. Looks like a cheap buy.

To: John Dally who wrote (52)	1/3/2002 6:34:10 PM
From: charred	Read Replies (1) \| Respond to of 86

From Stockhouse a story about PGI in the Northern Miner. On page 16 of this issue (the back page) there is an extensive overview of the situation at Boyongan (approximately 1000 words). Also on page 7 a mention of trading in PhilexGold on the CDNX. It is hard to imagine why anyone would sell at 67 cents with the potential so strong for future gain short of staving off immediate starvation. Best wishes for a great New Year to all on this Board