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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: snorkel who wrote (7)11/17/1997 12:36:00 PM
From: Rob Ady  Read Replies (3) of 295
 
Snorkel & all:

Old news at this point. I was told this was from a published newsletter somewhere. I guess the newsletter is entitled "Market Timer" but I am not sure who writes it--does this title sound familiar to anyone? Do not know if the person who publishes holds any credibility or not. FYI.

News Flash
Market Timer Oct 27, 1997

Re: Winchester Mining Corp NASDAQ WNCR

Winchester mining Corp represents an incredible buying opportunity at
this time. Current price is $1.50 to $2.00 US. There are 23 million
shares outstanding.

Winchester has just completed and agreement on a property with proven
reserves of 9 billion tons of chemical grade limestone. Geologists
estimate the reserve could hold as much as 14 billion tons. Limestone
sells for approx $4 US per ton and the company will show a profit of
$2.00-$2.50 per ton. The property is located on the west coast of
British Columbia Canada and is on a major shipping route. The company
has signed contracts for the sale of 510 million tons already. The
demand for cement which is the byproduct of limestone, is very high in
the Pacific Rim countries as they develop. There is currently a
worldwide shortage of limestone.

Winchester will announce 1 billion tons of reserves within the next two weeks and analysts believe the stock should move $20.00 for each billion tons announced. The target price on Winchester is over $100.00US and in my opinion is the opportunity of a lifetime. A well known world leader is joining the board of directors which should be very positive for the stock and add further strength. My recommendation is a 100% buy at current prices of $1.50 - $2.00 US before it makes its first move to $20.00 US. Winchester currently has financing arranged of 100 million US which they will use to develop this property.
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