Great read, more on the way. Playfair is finally getting noticed on the FrankFurt.
Victories (aktiencheck.de AG) - in opinion of the experts of “SmallCap report” the share of the Canadian enterprise Playfair Mining (ISIN CA72811X1050/WKN 895836) is global a clear purchase. Unfortunately after share the Erstbesprechung due to the bad performance of the raw material sector like desired could not itself develop. Now however the downward movement seems stopped, which shares of the raw material Multis could have booked such as BHP Billiton or Rio Tinto in the last days tidy profits. One assumes also with Playfair Mining driving downhill is terminated and one tear upward the share in the suction of the large ones. A correction is in the meantime overdue, these might clear course increases with itself bring. Playfair Mining with data convinced last to the exploration program on the area “Grey River”. The analysis of the taken samples supplied the desired result: The data of the former operator company ASARCO were confirmed. The fact is still more pleasing that the investigations would have resulted in that approximately around the raw material vein No. 10 tungsten occurrences further with high probability were to be found. At present run a first extensive drilling program on the real estate “Risby”. “Risby” was acquired in the February of this yearly and is thereby one of the recent projects of Playfair Mining. The area lies in the proximity of the Ross River in the Canadian province Yukon. As basis for all future exploration measures data would be to the enterprise at the disposal, which the previous operator Hudson Bay exploration had made available. These data would be based on the results of altogether 40 drillings and are accordingly very precise. In accordance with a historical resources estimation on the area raw material depots with an impressing total volume of approximately 2.7 million tons rock with a tungsten oxide concentration of 0,81% would be. All bebohrten sections were examined critically for a lasting geological formation and its workableness. The extensive project requires a maximum of logistic fate. The drilling program was prepared on the basis of an appraisal, which the geologist Peter Dadson made. So far with the drillings a depth was reached by 400 meters, the total depth is to be with over 2,500 meters. Playfair Mining succeeded it to win a first-class team for the exploration work. Thus the foundation-stone for a brisk execution of the drillings and success promising message was put. Playfair Mining walks fast step of the objective against to unlock to the largest tungsten Explorern of the world. The Portfolio is extended continuously with new Top real estate properties. Four tungsten projects (“Grey River”, “Risby”, “Lened” and “Clea”) were acquired, further Zukäufe are already to time in planning. To straight once 10.05 millions EUR amount the market capitalization of Playfair Mining. The enterprise has at present 3.7 million MTU of wolframhaltigen rock and counts to be able to prove additional reserves in this order of magnitude. Many years long tungsten was underestimated, accordingly gives it straight in the western part of the world only very few dismantling places. The share is after the course decrease of the past weeks more than ever a clear purchase. Investors already invested should reduce received positions in price. The course goal on view of 12 months be expressed in 1,05 EUR.
Sunny.