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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.540-0.4%Nov 13 4:00 PM EST

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To: Frank Ferrari who wrote (1079)4/14/2000 12:33:00 AM
From: Elizabeth Andrews  Read Replies (1) of 2255
 
I agree with you. The extended halt was a mystery to me as the company seemed to want to grandstand quite a bit. I guess they needed time to get the presentations ready for the food chain.

I mean all they have to do is publish the assays, give the coordinates and azimuth and everybody can figure it out. They were probably worried about explaining hole RV-06, with good cause, as the zone of mineralization appears to correspond well with the IP anomaly. It suggests that the zone is cut off to the south somewhere around 2+55N.

I am looking for a reentry point. Maybe bite a bit at $3? There's a big gap between $2 and $3 and in the crappy market we're in a one hour cleanout into that zone appears possible.

Hole 8 should be a good hole and hole 9 is on the same section as hole 1 but collared further to the west. This will give some idea of the dip of the contact and the the thickness of the zone. It will help in the calculation of tonnage. Hole 10 is on the same section as hole 2 but is collared to the east of 2. Maybe the dip of 10 will be steeper than 45 degrees. If not the hole doesn't do anything for tonnage because if it is drilled at 45 degrees it will be up-dip from 2 and it's probably too early to drill this hole as it is basically an in-fill.
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