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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.340+0.5%Dec 19 4:00 PM EST

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To: Claude Cormier who wrote (1278)4/28/2000 12:52:00 AM
From: koan  Read Replies (2) of 2255
 
PGM prices: you are right Claude that is why I worry about them; but on the other hand, if they rise much higher (which I think they will) Sudbury investments will retire a lot of people. Every dollar up from here on out is bottom line profits as you well know.

I would be interested in knowing a what price 1.68 grams per ton for a deposit like PFN's would become uneconomical?

But I think the odds are that PGM's will continue to rise and Sudbury will continue to produce more ore. But I know they are both a gamble; but a gamble where the odds are with me not against me.
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