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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.420-0.7%Oct 30 4:00 PM EDT

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To: Condor who wrote (2237)4/23/2004 1:15:57 PM
From: VAUGHN  Read Replies (1) of 2255
 
Hello Condor

I think most of the long haul is behind us and while there certainly won't be an announcement tomorrow I do expect one this year.

About the resource calc.. Guestimating roughly double from last time with close to 2 million inferred.

The fact that Anglo is giving more money should allow investors to read between the lines. PFN VP spoke in Sudbury last week and said company would be doing a bulk sample, likely at Dana with an HQ drill to determine recovery. More is happening out there, but probably a month or two before we get news.

I don't believe "genuuflection" required as much as patience. PFN is better than 98% of the plays out there right now. Proven reserves in an appreciating commodity with a major's backing in a first world country with no need for major mining expenditures to reach production.

What more could an investor ask for?

Regards,

Vaughn

P.S. Recent HB interview on PFN web site.
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