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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: MrsNose who wrote (5321)12/8/2001 11:48:28 AM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
Hi Margie,

Your in with PLY-v @$.18 for 55,555 shares.

Chart for Playfair Mining Limited:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lh14,3!Lc20]

From the chart of PLY we can see the stock sold off last week on below average volume. A shakeout? Or does someone know assay results? The chart indicators are bearish but the stock does appear to be in oversold territory. With expected news this week we should see which direction the stock will be moving shortly. ****

Good luck with this pick,
Al



To: MrsNose who wrote (5321)12/12/2001 3:04:07 PM
From: Al Collard  Respond to of 11802
 
PLY-v...in the news:

Playfair's first phase 16-hole drill program on the 33 sq km San Miguel E1
soil geochemical anomaly has been completed. The San Miguel is 100% owned
by Playfair and is located in the Charcas mining district 15 km from
Mexico's largest zinc producers.

Initial reconnaissance testing on 2.5 sq km of the E1 North portion of the
overall geochemical anomaly was completed in 9 days using a reverse
circulation drill. Reconnaissance holes were all drilled vertically, were
all widely spaced, and made only shallow penetration (10 meters with the
exception of holes 2 & 3) into bedrock.

Twelve of the holes encountered altered limestone with varying amounts of
hematite, limonite, silicification and abundant calcite veining and
microveining.

More importantly, the remaining four holes encountered intrusive igneous
rocks similar in composition to the main intrusive body at Charcas, and the
contacts of which are generally considered to control the distribution of
hydrothermal fluids that cause alteration and carry metals in a carbonate
replacement deposit (CRD) mineralized system.

The E1 North soil geochemical anomaly directly overlies manifestly altered
rocks that are clearly spatially associated with intrusives, an environment
that is a 'dead ringer' for the majority of the CRD mining districts in the
Mexican Altiplano.

The first phase of drilling has not discovered the source of the large and
high magnitude values of the E1- geochemical anomaly, a target that will be
the subject of the Phase 2 exploration program scheduled to start early in
the new year.

The CRD deposit type characteristically has 'razor sharp' contacts between
mineralization and unaltered carbonate wall rocks and the widely spaced and
shallow holes of the Phase 1 program are believed to have missed these
spatially-restricted targets. Longer, angled holes will be directed at
targets identified through the Phase 1 program.

Management is assimilating all the recently acquired information in
preparation for the phase 2 program and will be well prepared for an
exciting start to the New Year.

A plan of the drillhole locations and a detailed geological description of
the rock chips by an independent geologist will be posted on the Playfair
website at www.playfairmining.com as soon as they are available.

ON BEHALF OF THE BOARD
D. Neil Briggs
President and Director