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Playfair Mining Ltd V.PLY

Alternate Symbol(s):  PLYFF

Playfair Mining Ltd. is a mineral exploration company based in Canada. The Company’s main business is the acquisition, exploration and development of natural resource properties. The Company has interests in various properties in Grey River Newfoundland, Rostvangen-Kvikne-Vakkerlien Project (RKV Project), Folldal Project and Osterdalen Project. The Grey River property is located adjacent to the fishing village of Grey River (population of approximately 350 people) on the south coast of Newfoundland. The property consists of nine mineral claims (1,750 hectares). The RKV properties cover 201 square kilometers (km2) in a mining area about 100 kilometers (km) south of Trondheim by road. The RKV Project covers three Besshi-type Volcanogenic Massive Sulphide (VMS) copper mines (Rostvangen and Kvikne), a nickel-copper deposit (Vakkerlien) and over 20 additional known mineral occurrences. The Company acquired exploration rights on the approximately 216 km2 North Osterdalen Project.


TSXV:PLY - Post by User

Bullboard Posts
Comment by thenorthvanmanon Jul 19, 2011 4:24pm
330 Views
Post# 18848865

RE: Playfair Interview with Jay Taylor

RE: Playfair Interview with Jay TaylorI am not too keen on their management either and haven't been since I purchased stock over 18 months ago.   They don't seem to have a focused approach nor execution and  they have done massive dilutions at very low levels to pursue very risky projects. I didn't think Donald Moore came across as a competent CEO,  he seemed more like a hopeless pumper than someone with a coherent investment pitch.   That being said playfair has very substantial tungsten resources at superb grades.    These properties should be money makers particularly with the company trading at distressed prices.   I would expect  Grey river to garner interest in the short term given it's grade,  type of ore, and proximity to the ocean,  esecially if the price of tungsten continues to rise.
Bullboard Posts