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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (430)3/9/2001 11:45:09 AM
From: russet   of 8273
 
PDAC,

Leaving today for the week long booze and smooze.
Royal York is known as the party palace when the PDAC is in town. Many companies have open houses in their rooms. CRJ.t open house usually keeps running after all the others close, hence gets quite busy in the wee hours of the morning (gggggggggggg).

I'll post some PDAC stories next weekend,...when I recover ;-))

PFN.v,...sold over half my position in the run up. Holding the rest until the spec runup at the end of this month (see below). I expect the stock will follow a similar profile to last year. Ontario is peppered with PGM outcrops, but most lack enough tonnage in a small enough area to allow their exploration and development in an economic fashion. Our intrusions need puppy training, to behave in a nice predictable manner like the Merensky reef in SAf, or the J-M reef in Montana. Looks like PFN may have a puppy in training though (gggggggggggggggg).

PFN speculation should be interesting at the end of March,...
"Drilling will continue until late March at which time it will be suspended
temporarily for a period of approximately four weeks in order to allow
results to be plotted and interpreted in an orderly manner. Preliminary
resource studies are already in progress and will be up-dated following
completion of the current phase of drilling. Anglo Platinum has advised
that it will shortly complete metallurgical studies on drill core from the
Dana Lake Area and PFN expects to be able to report principal conclusions
at that time.
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