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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (970)	4/10/2000 1:00:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 2255

<<but a market cap of 80 million is not much for these initial intersections is it not??>> Well initial good intercepts always create excitement that, most of the time, carry a stock way over what is reasonable for what they have found. It it the next round of holes that will tell if the current stock price make sense or not. <<Also, isnt there a potential here for a major find??>> Possibly. But if you look at the holes pulled out by North American Palladium (several 300 or 400 meters intercepts of grades above 2 g/t PGE's and dozens of holes like PFN #1), you will realized that PFN need a lot more than what they have announced to have that major find. But it is a good beginning and time will tell if the current price make sense. For sure, this is an important discovery, but will it be 200K-500K ounces or a multi million ounces, we don't know yet. The later will cause the stock to plunge while the former will move it to $10.