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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 (1353)4/30/2000 3:10:00 AM
From: Andrew  Read Replies (1) | Respond to of 2255
 
The big question for me is wil this spec rally in PGM's ever spill over to Gold. Looks like gold is heading back to 250, will it be a double bottom or will it go lower?

As far as PFN the grades IMO are very average and I think that if the PGM's dont go higher or at least hold here there will not be a mine. The other thing is that PGM's don't normally come in bulk tonnage as in open pit type situations but rather in Reefs.

IMO Palladium will come back to earth soon since it and platinum are interchangable in most industrial uses such as catalysts therefore if pd is overpriced industry will move to pt.

Andy