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

To: Buckey who wrote (1613)	5/19/2000 9:21:00 PM
From: Just G	Read Replies (1) \| Respond to of 2255

Buckey: This post I found on Stockhouse, the forum on Pfn is becoming much more informative and alot of experienced people in the field are voicing their opinion, the kind I like to read. Regards G I have been following the progress of the River valley project since Christmas '99. I have been perusing the bulletin boards from this time. It seems to me that there are two camps; those who are emotionally attached and those who will play it for the trends. I believe that I can bring some technical expertise to the discussion. A few points remain unchanged. Thirteen drill holes does not make a mine. The project is little more advanced than when the surface sampling results were reported. What these drill holes indicate is that the IP chargeability anomaly positively identifies the target zone. This information coupled with the surface sampling indicates there is considerable strike length to the target zone. I will agree it is premature to associate any resource figures to the present drilling. It would be foolish to assign any sort of tonnage to the existing deposit. Any calculated number could grossly overestimate or underestimate the size of the potential anomaly. Anybody with grade three math could calculate that the known maximum depth of the deposit is 156'. However there is no indication that this is the extent of depth to this deposit. In fact anybody with reasonable skills in geological interpretation would know that the deposit remains open to depth or as we say "down dip".The next round of IP will help indicate possible strike length to the deposit. And the current stripping will provide surface continuity to the deposit. All the number crunching and cost association with mine development and resource evaluation thus far is useless. A few comments remain prominent in the threads about this deposit. Elizabeth Andrews has stated that the grade control would be unachievable while open pitting such a deposit. My experience indicates that this is not so. Assaying blast hole data on patterns will provide adequate grade control, in fact it is common practice throughout the world providing little to no mining dilution. I suggest she go visit an open pit or in fact work in one to learn how such a mining method works. The other obvious question is the recovery of the desired elements from the rock. Well to my knowledge such a test is being conducted as we speak. I did not know that the results had been released. If anyone could guide me to them I would be grateful. Without them, knowing the possible recovery is impossible. Every day, new strides are being made in the field of bioleaching and other mew mechanisms for mineral recovery. Heaven knows with the possibility of a new mining camp on the outskirts of the Sudbury impact crater that great lengths will be taken by the local expertise to provide solutions. The negativity displayed regarding such topics is unfounded one way or another. This project is in its infancy, however all the signs are positive and under all geological assumptions should remain positive. The nature of the business is speculative, and irrespective of the questionable management tactics to date the property will prove itself in the long run. I for one look forward to further drill campaigns and stripping. I would petition management to forget the horse and pony show. This is the first piece of property they have ever encountered with serious potential and their conduct indicates such. I for one would let the drill results, the surface sampling and the geophysics promote itself. This is a serious discovery and has the possibility of being the foundation to a new mining camp. Because the likes of Inco or Falconbridge literally walked over this land does not mean it doesn't exist. It remains a steadfast rule within the exploration community that it is the juniors that discover mines and the seniors who develop them. I am a shareholder and will continue to be one. I have considerable experience in due diligence and feasability studies. All indications are, more exciting things will come. PS To the nay sayers I ask you how did you weight the surface sampling for the total weighted average grade of the deposit thus far? regards Rock_Jock