Nova Team Update:

Well it's been a month or so since I last phoned Nova IR, so I decided to call again for some updates.

IR told me that drilling on the Mont Laurier property should begin on Monday. They have the road set up and the rigs should be coming in very shortly.

He told me a funny story that they had to harvest some of the maple trees on the property before taking them out. It's some quirky Quebec law.

He also told me that drill results will be released in batches of 5. Drilling takes about 3 days per hole and then they're sent to the labs for results.

We should expect the first batch of 5 to be released in 3-4 weeks time.

Since Nova Uranium shares the same IR as Playfair Mining I decided to ask a bit about what's going on there.

He was pretty excited about Playfair in the short term because he said they are very close to releasing a bunch of news releases.

Grey River drilling should begin by the end of March.

However, he also mentioned that they are moving ahead up on their properties up North.

He hinted that there may be some more acquisitions and activity in the very near future.

One thing that I really liked was that he suggested that these new releases should have a positive impact on share price.

This shows to me that the IR and management are serious about doing things that they think will best increase the share price.

I already own some Playfair Mining and Nova Uranium but I just bought more Playfair based on my conversation with IR.

"A whole bunch of news releases," as he put it will definetely give us a nice pop, especially in the case of Playfair which is a very speculative stock.

So if you want to speculate a little very short term, look into buying some Playfair.

P.S. It just so happens that Playfair is oversold almost as much as it can be right now. This, along with the fact that they have built up an amazing base here makes them so prime for the next pop to the upside as soon as the news starts rolling out.