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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.440-0.3%Dec 9 4:00 PM EST
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To: Elizabeth Andrews who wrote (1540)5/9/2000 12:48:00 AM
From: koan  Read Replies (1) of 2255
 
I don't know what to think about PFN or the Sudbury District. I am hoping the Sudbury District is a legitimate mineralized area. I am also gambling that the PGM's price will hold up and be reflected by the players in this District. I am not sophisticated enough about the finer subtleties to be able to out trade the traders.

Many honest and well meaning people have been fooled by this play. I think their predictions were just mistakes in reading the mkt; but if people close to this paly can't figure it out, I don't presume to think I can.

For me and many others the only way we can play this play is as an area/PGM play and play it at least throughout the summer. For me that also includes spreading my bets over the district players.

Zimbabwe was in the news again today and the PGM's have held up rather well I think in the face of Russian exports.

As you seem to know poker, you know that a lay down is dependent upon position. I don't mind playing a J/Q off suit if most of the table has passed in front of me. I just can't figure out exactly what my position is, so I don't know whether to lay this hand down or not - lol.
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