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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: Bruce Robbins who wrote (68)	1/3/2002 4:12:17 PM
From: charred	Respond to of 86

I agree but this is too good to be true. This stock is worth a least $2. With a doubt the biggest find in a long time. Cheers

To: Bruce Robbins who wrote (68)	2/1/2002 11:28:18 PM
From: charred	Read Replies (1) \| Respond to of 86

Well this thread is boring. Up 80% in a short 6 weeks and no one notices. I guess I will be selling Monday.

To: Bruce Robbins who wrote (68)	3/17/2002 8:30:04 PM
From: Jon Matz	Read Replies (1) \| Respond to of 86

Bruce, I still have a few shares bought in 1997, help me understand the value here. Even with the $20 mil, they are still going to be over $40 mil in debt right? If this part of the year end statement is what is happening, what is Philex share per share going to be based on the current resource? "As a result of the sale, the Company's equity in the project has been reduced to 50%. Should Anglo at its sole expense bring the project through a bankable feasibility study, Anglo would be entitled to an additional 30% equity either directly or through a joint venture with a qualified entity, and will conduct the operations if the project proceeds to development." Is Philex going to get 20% without spending another dime? Thanks, Jon