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


To: Buckey who wrote (1182)4/26/2000 9:35:00 AM
From: Elizabeth Andrews  Respond to of 2255
 
Done. I think that if the inside believed that this were to be a mine the market cap would be higher than it is. Let's not forget who the partner is. I'm sure they buy stock especially after the news is published and it indicates an economic deposit.

I think the problem right now is that the results are marginal and they don't fit the new geological model, that is a contact related breccia. The results indicate to me that this may be a layered intrusive that is faulted in several directions making continuity an issue, especially for underground mining, aside from the grade issue. Just my opinion but based on the action of the stock, people a lot more informed and a lot, lot more wealthy do not appear to be buying the stock. Why is that? Amplats could take out what they don't own and it would be just a nibble for them. Why not? And all of Amplats employees and affiliates know what this may be worth and no buying? Should we pay attention to the lack of liquidity?