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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Davy Crockett who wrote (752)3/4/2001 12:52:59 PM
From: Davy Crockett   of 11802
 
OOPS!!!
I want to correct my last post regarding Harry Barr's companies. AQI has property adjacent to PFN. The related companies to PFN, are ITF.t and CVV.v, (ELN.v is another one)

The same management controls two other companies, CanAlaska Ventures (Canadian Venture Exchange—CVV.V) and International Freegold (Toronto—ITF.T). Both have property near the same platinum play. Such ground has become desirable, and some joint-venture exploration money is likely to be forthcoming from others who want in on the action. In addition, both CVV and ITF have additional assets. ITF has quietly been accumulating other platinum prospects and has substantial gold interests that would be worthwhile with higher gold prices.

CanAlaska holds 850,000 shares of Pacific Northwest, 1.3 million shares of International Freegold plus other investments. Together with its cash of almost $1 million (Canadian), that makes CVV a relative bargain. International Freegold holds about 800,000 shares of PFN, and it is also cheap in relation to assets and prospects.


hirschorganization.com
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