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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: koan who wrote (1324)4/29/2000 1:36:00 AM
From: Berry Picker  Read Replies (1) of 2255
 
I don't think PGMs will move much lower.

They will likely make another run to the upside IMPO :-}

I don't see price making a BIG difference because to make a mine and borrow cash they always discount these things to make sure the "banks" don't get hurt.

You need high enough value to warrant a bank giving you cash and getting back their money even if the price of PGMs goes sour according to their projections.

PGMs are the play Gold still has very poor interest.

We need size and grade as per usual.

Someone ( and I am not short right now so don't think I'm slamming for profit ) told me that PFM has a larger market cap than NAM which is a producing AGM mine so go figure.

I think PFN is likely over priced unless they come with something a lot more fantastic than they have at this point.

Doug Hickey is gone.

I have been trading for a little while and I say that once the tide changes it is likely over.

I could be dead wrong - I've been dead wrong lots over the years - but experience DICTATES :-}

I hate being dictated to....

Best to all and may SI members grow a cut above the rest !!
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