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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 (1572)	5/10/2000 1:38:00 AM
From: Brumell	Read Replies (1) \| Respond to of 2255

I think PFN is getting oversold. Sack cloth and ashes is one thing but this is getting a bit over done. Whether or not Amplatts will make a mine of this we won't know for some time. What we do know is good PGM values were encountered in 13 holes drilled on only one location. Stepout holes or drilling on other targets could dramatically improve results which really were not that bad. Ask yourself one question!! If the last NR had been leaked to you, would you have expected this market's reaction?? Don't think I would have. If we had too much exuberance before, we have too much gloom today. When whoever is dumping regains some confidence, PFN will be a buy. Assuming the dumpers are not idiots, my hunch has buying time very close. Because of the H. Barr factor, I've mostly avoided this play. No regrets for missing most of the wins and no regrets for missing recent losses. Probably like Barr, I'm surprised they actually hit something..... but they did!! Too bad so much ownership was dumped for a song and the stock so badly watered but that's hindsight. There is still substantial value remaining for shareholders with excellent potential for much more. Just a thought, Liz. What the hell.... Regards, Bob