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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.470+0.7%Jan 8 4:00 PM EST

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To: E. Charters who wrote (2194)11/20/2003 4:20:08 AM
From: VAUGHN  Read Replies (2) of 2255
 
Hello Eric

Dana Lake looks pretty good actually. Overall grade may not be fantastic but its open pitable and there's 860 ft averaging around 2g/t. That's huge volume - not bad at all.

A couple of new locals don't have great grades but Lizmer Ridge and Dana Lake are economic and as you know, there's a whole lot more drilling to report yet.

Neither of us has ever seen a drill program reporting outstanding or even economic results everywhere and how many CDN open pit deposits have we seen reporting economic grades over 860ft and still with no data yet from deeper holes where grades appear to have the potential to improve.

This is exploration not mine drilling, and even if PFN didn't come up with any more good holes which is unlikely, considering RV's proximity to Sudbury we have a winner with what they've found so far, PGM's steady price increase and Anglo carrying PFN to production.

The glass is half full...

Regards

Vaughn
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