Pacific North West Capital Corporation-PFN on Alberta Message Board

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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta

PFN 7.440

-0.3%

Dec 9 4:00 PM EST

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To: koan who wrote (1465)	5/3/2000 6:44:00 PM
From: koan	of 2255

PS - I am holding pat on this entire area play. PGM's were way down today on the Russian exports, but I think it is clear that Russia can't supply the world's shortfall. The traders are really knocking the PGM's around, Just a bad today today all around. The results seem fine, so I am just going to play this longer term. The mkt really doesn't like any mining plays <g>. In the PFN NR they talk about PDL being able to produce their deposit at $131 not including NSR's. If PFN can produce their deposit at similiar costs, then I really don't understasnd todays action. I also find it amusing and encouraging that Claude and Brumell were expressing caution before, and were correct, and now you both seem a little more encouraged. I think both of you have done a better job than some of us at anticipating this play, so that gives me some heart, plus G Highgrade and others seem satisfied, so I am guessing this is just a nervouse and fickle mkt right now. I meant to say Friday in my previous post not Thursday. Let's see how the week ends up. That will give the mkt the time to digest the drill results, the PGM volitility and the general mkt volitility. Heck everything was down. We didn't even get a flight to quality in the bond mkt - the dollar was stronger - that doesn't help me or anyone I know at all. In fact now that I think about it a stronger dollar is like the proverbial ill wind - lol. The only guy smiling that I know of is Greenspan - we will soon see how happy he is - lol.

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