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Non-Tech : Lumacom Chronicles - a study of mania and madness

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To: TobagoJack who wrote (88)11/8/2003 7:17:26 PM
From: Condor   of 113
 
Jay,

Thanks for Pd Pt info. I will do my reading. Another PAL in the making is V.PFN a Pd discovery near Sudbury Ontario and being proven up now. Currently at 1 mil ounces and going for 2 mil. It should easily reach 2 mil and I expect ultimately much more. The find is huge and fairly shallow and much like PAL's in grade (low grade). It is widely expected that this property will go into production eventually. I would expect they would have access to Inco and Falconbridge smelters that are 30 -40 miles away.
Latest news release
wasp.stockwatch.com
I have followed this play for 2 years. I live nearby and have been in various aspects of mining all my life.
Anglo Pt has funded them for 2-3 years.
At about $ 1.00 cdn I feel its reasonable. It's not an overnight play though, however they have several zones and they all seem to be hitting. IF they ever hit a high grade sizeable portion then it could really pop I believe.
I own V.PFN
pfncapital.com

cheers

C
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