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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.5000.0%4:00 PM EST

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To: John Trudeau who wrote (2156)10/19/2003 6:01:43 AM
From: VAUGHN  Read Replies (1) of 2255
 
Hello JT

Again we're in agreement, but once PFN proves up 2m oz's this winter, and considering the way the RSA is treating miners big and small, I can't imagine it will be too long before Anglo makes a decision.

The only question is, how much of a sweetener or cushion will be added to PFN's share price for the potential for doubling or quadrupling PGE resources by drilling the remaining 70% of the claims?

Will that take a year to be reasonably established before a buy out is finalized or will Anglo throw a sufficient figure at it to close the deal and give themselves the security of a Canadian producer ASAP?

Regards

Vaughn
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