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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.500+0.4%Nov 3 4:00 PM EST

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To: John Trudeau who wrote (2145)10/6/2003 4:11:11 PM
From: VAUGHN   of 2255
 
Good Afternoon John

Not sure if HB did a great job promoting at the Calgary show, if there's some news coming out, or if the market is just starting to take notice, but PFN took a nice 12% bump today on modest volume.

That always makes my day but I would love to see trading spike a bit more. When houses start deepening their positions this fall I am sure that volume will be significantly higher despite any quiet accumulation that might be attempted.

I have successfully speculated and invested in the junior mining markets for more than a few decades now and I have never been more confident of impending appreciation.

Increased institutional investment is about as sure a thing in this case as there could be in this game, given the extent of proven reserves, Anglo's deep involvement/ongoing investment, PFN continuing to report increasing grades and mineralization open to depth, ongoing drilling well into the fall indicating strike measured in miles, a qualified work force, proximity to infrastructure and a commodity in significant demand. All that spells long term low cost mining potential.

All the pieces are in place.

Have a good one.

Vaughn
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