This is a bizarre comment by Kaiser,...sort of positive for PFN.
Kaiser thunders over Anooraq's assay-reporting crimes
Anooraq Resources Corporation ARQ
Shares issued 9,721,195 May 2 close $0.75
Tue 2 May 2000 In the News
John Kaiser, writing in the Bottom-Fish Action for April 3-14, says Anooraq
Resources and others in the Hunter-Dickinson group would do well to take a
lesson from Harry Barr's Pacific Northwest Capital on how to properly
present platinum group metals assays. Mr. Kaiser recommended Anooraq in
December, 1998, at 43 cents. Earlier buy tips were December, 1994 (69
cents), April, 1995 (53 cents), and December, 1997 (75 cents). Mr. Kaiser's
complaint relates to Anooraq's report on drill results on March 23 for its
70-per-cent-optioned Platreef PGM project in South Africa. The company
reported its grades as a combined PGM grade consisting of platinum,
palladium, rhodium and gold grades that appear to have been forged into a
single figure with the assistance of their relative prices. "This is a
completely bogus way to report assays and the Hunter-Dickinson group should
know better than to foist this nonsense onto investors," he says, adding
that to smart investors this is a sign of Platreef is turning into a dud.
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