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

To: koan who wrote (1347)	4/29/2000 11:02:00 PM
From: Brumell	Read Replies (1) \| Respond to of 2255

Just a few thoughts, Koan and strictly FWIW. You may be correct about future PGM prices and supply. Perhaps they will go up. If so, seems to me the way to play it would be to invest in companies that produce PGMs. There is nothing wrong with the Sudbury area play but at this point, none of the companies you mention have PGMs. We all know PFN have pulled several holes that look promising. They could get better! Regardless, it will be years before anything is ever produced by which time we could be in a negative PGM price cycle. At this point, the companies you mention are strictly exploration bets. Odds are most will fail. Odds are most will also create a volatile market based on dreams and hype. That's what attracts punters like me. PGM prices only fuel the dream. They won't put metal in the ground. My Dad used to joke, "if we had ham, we could have ham and eggs.... if we had eggs." His point applies in a situation like this. We currently have nothing. Inco, Falco, Stillwater, North American produce PGMs. They and others off shore will benefit from higher prices. Only thing that will really move our Sudbury players are drill results - and a little outrageous hype...<ggg> Regards, Bob