Pacific North West Capital Corporation-PFN on Alberta Message Board

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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta

PFN 7.515

-0.1%

Nov 7 4:00 PM EST

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To: koan who wrote (1903)	7/25/2000 8:26:40 PM
From: Brumell	Read Replies (1) of 2255

Hi Koan, I don't have any but watch it closely. It is a classic example of a layered intrusive about which a lot is known. There has been a lot of drilling on it over the years with many teasers but nothing of substance so far. Their website is also good and worth studying. Their current program is a high-technology type play with heavy reliance on instrumentation and the academic world. While great to watch and follow, I'm generally skeptical of such plays which essentially are based on the premise of earlier guys either being dumber or not having adequate technology. They've been getting some interesting results drilling the margin zones. I thought one set wasn't too bad but the market knocked it down to a good buy at $1.40 a few weeks ago. However, as events progress, it's beginning to look more like a "Hail Mary" all or nothing shot when they drill the keel zone. That proposition is all based around CSAMT deep penetrating geophysics and an anomaly at considerable depth. Check back earlier on the Muskox thread on S.I. and you'll read some very good points from 1king. He is a geophysicist and made some good observations about anomalies.... one being that what you've found before you'll likely find again. The upside is high koan, but the downside is steep. I'm taking a pass at this time. Who knows!! Bob

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