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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: Brumell who wrote (1799)6/26/2000 9:02:00 PM
From: Claude Cormier   of 2255
 
<<I recently bought both PFN and ITF because they appeared oversold and cheap.>>

Bob,

I am not the geo type you are looking for, but I can only agree with you that PFN was an excellent buy at the recent oversold levels. Given the current high prices in PGM's, RV has to be considered a very important play at the moment. Just a few years ago, this exploration program would not have been possible.

But I don't think it is yet cheap or undervalued. For that situation to exist they need to define a much larger resource. Of course, on the next set of results that will suggest that this large resource exists, it will become immediately undervalued and will not stay that way for long. That is why it is a good speculation.

There are quite a few drill plays available this summer in the base metal and precious metals sector. We should have fun. Lets hope the metals will behave.
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