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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 (1499)5/4/2000 3:30:00 PM
From: Greg Ehman  Respond to of 2255
 
Hello folks...

I've been quietly sitting on the sidelines watching PFN's developments. I hold no shares but do hold significant shares in Starcore Resources(SOE.V), another PGM play. I was really curious to find out how the market reacted to the results as I think there will be a definite spin-off for SOE. Right now it's not looking good.

However, for those of you who were disappointed with the price drop, remember, it's still a long way above .40 cents. Besides, in my experience, few mining stocks can ever survive the expectations and rumours that are created while assays results are pending.

I experienced much the same thing with SOE.

ANyway, that's it for me. JUst wanted to offer my support.

Take care and cheers

Greg



To: koan who wrote (1499)5/4/2000 4:19:00 PM
From: Stew  Read Replies (1) | Respond to of 2255
 
Okee Dokee koan. Didn't look much better than it did before I tried the link!<ggg> Thanks anyway! - Stew



To: koan who wrote (1499)5/5/2000 2:07:00 PM
From: koan  Read Replies (2) | Respond to of 2255
 
PT up $23 bucks this morning to $498 - just smoking. PD has been steady at $585 for three days (like it was halted or somthing)? PT was the same thing until a little bit ago?

I have always thought this PFN et al play was 1/2 drill results and 1/2 PGM play.

Eveytime gold rose - for the last 20 years - lol - the shorts would knock it down and they made a fortune and the producers would sell forward. This has made people quit buying gold - massive technical damage.

Every time PGM's are shorted the longs pull it back up and knock hell out of the shorts, causing them to hesitiate to short - exact opposite of gold. PT was steady too for a while so I don't know what is going on, but it was nice to see a straight shot up. Look at Kitco's 24 hour PT and PD graphs.