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

To: crudestope who wrote (1593)	5/12/2000 5:39:00 PM
From: Brumell	Respond to of 2255

Hello crudestope, A few thoughts in reply to your post. Re: your Amplatts statements <<Amplats pays the piper, PFN, and therefore calls the tune>> and also <<Pleasing short term traders is definitely not on its agenda.>> No argument. For that reason, I don't think we'll see results that move the market all that much. In time, if results warrant, we may see a new type of investor become involved but will it be through PFN, or Amplatts, or a new operating entity yet to be formed? Re: <<Another London based mining analyst/fund manager is enthusiastic and optimistic enough to talk of a resource totaling 210 million tonnes>> That's interesting but has to be premature. Let's hope he/she was not one of the analysts praising and advocating Greenstone at $10 to $15 dollars. It too was another low grade, open pit situation with comparable values, but in gold. It last traded at 14 cents before being halted. They're broke! Under current management, it's hard to view PFN as a long term hold while Amplatts make a mine. Over the two or more years required, it's a safe bet PFN management will find reasons to further dilute stock chasing whatever the flavour of the day happens to be. Their last private participation was geared to putting money in participants pockets, not PFN's treasury. It's reasonable to assume future participations will be the same. Perhaps scheduled visits to the site with media and newsletter writers will stimulate a rebound. Perhaps new discoveries by PFN or others adjacent will help. Regardless, while the recent $1.30 appeared to low, I doubt we'll see recent highs again. Re: <<he is in the market for both PFN and ITF........>> I sincerely hope you or the analyst know something good about ITF. A close friend has a heavy position in this one and a big loss. It doesn't look good. Supposedly ITF will announce having a lot of land in the area but the River Valley intrusion appears taken. Here's hoping!! Regards, Bob

To: crudestope who wrote (1593)	5/17/2000 7:17:00 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 2255

Even 6 million tons is a stretch at this point. Maybe you can show us your assumptions and your data that gets you to a resource of 60 million tonnes grading 1.5 g/tn PGMs? I can't get anywhere close to that.

To: crudestope who wrote (1593)	5/18/2000 12:26:00 AM
From: Andrew	Respond to of 2255

A friend pointed me to your post tonight. ROTFF. Your model indicates a "Resource" of 60 million tons. Oh and there are Institutional investors buying this. What you mean Mental Institute. Perhaps the tooth fairy is managing the Fund. Hey after your hyping of SUF I blew out all my shares because I knew then the end was near for that "story", just like this story is over. This grade they got won't cut it not at these PGM prices. Ok maybe $2000 an Ounce might make it economic. I just hope not too many novice investors fall for this type of BS hype. My opinion is PFN is a good short at these prices, although I don't currently have a position. Andy