Playfair Mining Ltd V.PLY

Alternate Symbol(s): PLYFF

Metals & Mining Industrial Metals & Minerals

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

Playfair Mining Ltd

Bullboard Posts

Comment by zentrarianNZon Mar 17, 2017 5:59am

270 Views

Post# 25992071

RE:Ox Mountains the next Curraghinalt?

RedSox...Nice comparison with early days at Curraghinalt.

As to why the share price has dipped recently, put the two charts together and you will see that PLY has just been moving more or less in lockstep with gold. Until there is another bump due to positive drilling results (or a boost from Kaiser, Preston, etc.) I expect that will continue to be the case.

PLY is a lottery ticket, a binary bet on Curraghinalt coming back to surface well downstream (or not). I bought a small initial stake and will continue adding a little more with each positive development. I don't plan to sell until the winning numbers are called.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario