PNWC - Pacific Norwest Capital Message Board

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Microcap & Penny Stocks : PNWC - Pacific Norwest Capital

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To: LORMAC who wrote (16)	11/20/1997 11:00:00 PM
From: Rob Ady	Read Replies (2) of 295

LORMAC: You are right about the volume of the product. 5 billion tons is alot to move but I guess that is why they have the deposit where it is--accessible by ship which is why this deposit is economic when others are not. IR at Winchester told me that they were in negotiations to acquire equipment to make the logistics of shipping it possible. If they do in fact announce a contract for a sale of this product, it sure seems that share price could be in double digits quick. If they can move/process what they think they can and if they can produce revenue of $80 000 000/year then it seems they are worth $2.50 CASH VALUE (fully diluted with additional 10 million shares issued). It is common for a company to trade at many multiples of earnings. These earnings are only considering the negotiations for the first contract deal for sale of 400 000 000 tons of limestone. That is not even 1/10th of the resource! With each additional deal they are able to make the numbers get bigger obviously. I think there is some good potential for growth here. I think somebody needs to get the word out though. As indicated by the current share price, the stock is a bargain and if people really knew I think it would be well above this price. The company is moving quickly on these deals which is real nice too. Hope the ball keeps rolling! Rob

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