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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 (1335)4/29/2000 3:06:00 PM
From: Brumell  Read Replies (1) of 2255
 
Hi Koan,

I enjoy your posts. Too bad about some of the flack you've received. Oh well, consider the source and make allowances...<ggg>.

<<< in the long run it will either go up or down depending on the fundamentals.>>>

Your statement really says it all. At this point, I see PFN as fully priced. That's opinion - many will disagree - and drill results could alter everything!! At $2.50 for their 35% interest and 18.8 million shares FD, that makes PFN's interest worth a ballpark $47 million and the properties worth $134 million. Put another way, that would mean $7.15 a PFN share had they not sold - over $10 had there not been so much dilution.

What really creates current value is speculation. Naturally brokers and/or anyone with an interest in creating a market will be boosters - and who can argue?? No one really knows what's there!! With luck they'll hit more and better grades.

Some worry about more dilution. That too is part of the speculation. Many factors are in play. Whatever, no one can say it's dull and boring.

Regards,
Bob
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