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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.450+0.1%Dec 4 4:00 PM EST

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To: koan who wrote (1499)5/5/2000 2:07:00 PM
From: koan  Read Replies (2) of 2255
 
PT up $23 bucks this morning to $498 - just smoking. PD has been steady at $585 for three days (like it was halted or somthing)? PT was the same thing until a little bit ago?

I have always thought this PFN et al play was 1/2 drill results and 1/2 PGM play.

Eveytime gold rose - for the last 20 years - lol - the shorts would knock it down and they made a fortune and the producers would sell forward. This has made people quit buying gold - massive technical damage.

Every time PGM's are shorted the longs pull it back up and knock hell out of the shorts, causing them to hesitiate to short - exact opposite of gold. PT was steady too for a while so I don't know what is going on, but it was nice to see a straight shot up. Look at Kitco's 24 hour PT and PD graphs.
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