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

To: Elizabeth Andrews who wrote (1556)	5/9/2000 1:26:00 PM
From: winston.s.c	Read Replies (1) \| Respond to of 2255

If the options are in the brokerage account usually the stock is sold and then the cage will use the proceeds from the sale of the stock to deliver to the transfer agent. Many times when a broker does a financing he will get broker warrants as part of the commission these are usually good for a couple of years at the price the financing was done at.On many occasions stock I sold into the market and the proceeds were delivered to the transfer agent.Also the B warrants are usually split with the house.Sometimes they would be selling their half into my market and I didn't even know until I would get a call from the company.They would jitney it out.(Jitney is when you sell stock from one house through the trade desk of another).