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Gold/Mining/Energy : Phoenix Metals U.S.A. - PMTU -- Ignore unavailable to you. Want to Upgrade?

To: micky who wrote (71)	1/23/1999 2:22:00 PM
From: Chuca Marsh	Respond to of 80

<<..There are a lot of sound mining companies around. Why would anyone invest in this one? IMO it seems very eerie. ..>> But ( not talking about the falacy of the share count that you come up with based upon a missunderstanding of the word AUTHorized I suspect) the thing is HOW many of those other standard mining companys have these R&D on track to oull out not just gold and silver...seems that if you want Stillwater for the play...then....the fear factor would be reduced untill little companies like these ( and Mine) put the majors on their toes and I say Tippy Toes ...to understand what has just happened in the Scrotia in the deserts of theGreat Southwest! PS- Further Thread Reading assigned: MGAU:bb - MG Natural Resources FormallyKA Gold, MAC a new player see the most appri part of their website: bizfn.com ( No...they are not even trading...yet) And, if PROXIMITY to old extinct Volcanoes has any interest to you: maxamgold.com and their Windstar globalplatinum.com and their are others... from lake beds at Naxosresources.com to lscapital.com to the Alberta Prieere Platinums of birchmountain.com to the Ontario flagresources.com Platinums... So, you want copper in the Southwest witha little Silvere and conventional gold...go to jaba.com OR do you want a little PGMs stuff such as Palladium, Rhoadium and Platinum maybe basis on the economic scall of can do, maybe can dpo it cheap and at a profit..or do you want Stillwater with the shaftys deep and the costs ...high? It's your choice...the Play isn't " all those other mining companies it is little ones like...USPS and I don't mean the post office. Nickles may be dollars, halfs better be here and my lowly dimes a share better dam sucurre my retirement...or I will beco,me a chemist for my next career! Best to you in your investment exploration...or just pick and ax at a percentage and thow 5% into a few of these and watvch what happens in a year...and all durring...BE PREPARRED TO BAIL if the stop loss is met! IMHO. Chuca(no need to post my sights on the web...ooops..sites! Know need?)

To: micky who wrote (71)	1/24/1999 4:40:00 PM
From: banco$	Read Replies (1) \| Respond to of 80

Esoteric yes. The company bills itself as technology based rather than a mining outfit. At any rate the company's products are primarily platinum group which sets it aside from numerous exploration and gold based companies. Reason for investing is the same as ever - the company is beginning to engage in sales, and with any luck sales will grow and the company will be profitable. I have seen too many promising gold exploration companies fizzle and pay less attention to them than I used to. Disclosure should improve if and when Phoenix upgrades its exchange listing. The company has not hired promotional firms, so press coverage is limited to date.