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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.490+0.3%Nov 3 4:00 PM EST

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To: VAUGHN who wrote (2162)10/21/2003 8:48:38 PM
From: E. Charters  Read Replies (1) of 2255
 
The core has no massive sulphides. The whole story out there is that, as we knew and everyone else knew for 50 years, that pt and pd do NOT associate the best with massive sulphides at all times. As the sulphide to rock ratio falls, the pt-pd to sulphide ratio rises, which has to do with immisicibility of certain sulphides in the melt upon saturation.

By exchange regs the only core we could see was core that was already reported on. We could not look at, except at a distance the 6.5 kilometre step out.. However the stuff they are drilling is the same. I took an outcrop sample and I know my pt prospecting and from what I could see the cu-pyrrhotite indicated the high probability of pt-pd to me. But I don't even need that. They have surface assays from the area. The only thing they need is width and grade.

I know what is happening. Between the lack of ability of major companies to see what is going on we lost a lot of our good gold ground in Timmins and the far north to majors from South Africa and Australia. Now a good whack of our good low grade platinum ground is in the hands of a South African company.

EC<:-}
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