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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.430+0.1%Dec 2 4:00 PM EST

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To: John E.Quinn who started this subject7/26/2000 12:34:00 AM
From: hank2010   of 2255
 
Bob & Koan
Muskox is my second largest holding. (Heavy into PFG). I consider MSk my longshot play, and I agree with Bob that the upside is huge (intrusive ranks up there with the Sudbury and Bushveld structures and MSK owns all or nearly all of it) Because of the huge size and remoteness the danger is in running out of cash before an economic discovery is made. T0-days news release stated PP of $5 million (they already have lots in bank), some property earn in scheme (5%) that can be bought back, and drill results. I think only 1 out of 6 holes were good (#6) but it ties in with previously announced #3 & 4 which were 5.5 m of $836 and 13.35 m of $317.
In addition to Bob's comment about new guys believe they are smarter or have better tech than old guys, should also consider effect of higher palladium prices.
IR guy Terry Walker is easy to talk to, but he and I disagree as to what good drill results are (heard that somewhere before Koan/) terry also stated that euros are more interested than N.Ams. Also said considerable interest from majors (12???)
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