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

To: Condor who wrote (1474)	5/3/2000 10:32:00 PM
From: ms.smartest.person	Read Replies (2) \| Respond to of 2255

Stock options are the in-thing for young companies, especially when their employees receive low compensation. Without these incentives, companies have difficulty attracting and keeping good people. IMO this is the norm, and from the release appears to be from already authorized shares. JMO Merry

To: Condor who wrote (1474)	5/3/2000 10:46:00 PM
From: Bruce Robbins	Respond to of 2255

Richard, I decided to sit on the sidelines and watch PFN for my own personal reasons. I find that the stock has been quite irritating (swings and halts), however, the geological results seem clear: there is a new PGE discovery in Canada. There are only 13 holes in this discovery, and all 13 returned PGE mineralization. That is pretty good for a first phase of drilling. I gather that it is good enough for Amplaats to keep dealing with PFN. Perhaps now Amplaats and PFN are going to try and figure out if this is a mine or not. PFN has risen from at $0.40 stock (Jan 2000) to close at $2.05 today. That's a 500% increase on a discovery. I think the fact that there is not going to be any more drilling going on soon may have caused some holders of 0.40 stock to take profits. I also think the market looked at hole 9 which is the depth extension of the zone in hole 1 and they saw 61.90 meters @ 1.83 g/t go to 17.90 meters @ 2.71 g/t and said "getting thinner at depth". Look at hole 10 above 2 and the same pattern emerges: 85.75 meters @ 1.33 g/t go to 48.30 meters @ 2.07. The market is worried that this thing thins out at depth. These are the questions that will only be answered by more drilling. # 2) The published reults were ambiguous and calculated to subdue the price enthusiasm. That's hard to prove. From what John Kaiser has said recently, PFN is not the only company to present their PGE results in an ambiguous fashion. # 3) Quick....insiders to the feedingtrough......options # 4) This is your and my profit opportunity being doled out after the gold dust has been discovered. # 5) This smacks of the worst kind of opportunism and brings into question the credibility of the company directors and their integrity. # 6) While it may not conclusively establish a pump and dump operation, they are behaving like it is. The cutting of options is quite normal junior behavior. I think the fact that PFN cut 600,000 options at $2.10 is positive. It tells you where the insiders see the stock going. Certainly they see it going much higher than 2.10 or why would they bother. I'm looking to buy some PFN before the next round of drilling. They have proven to me that they have an interesting PGE project. That's much more than I can say for most of the other PGE explorers. Hate the stock; like the project.