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

To: Andrew who wrote (1704)	6/2/2000 2:29:00 AM
From: koan	Read Replies (1) \| Respond to of 2255

Andrew, I know the argument; but I don't think that is what you are seeing here, ( i.e.stocks leading metals prices) I think what the PGM's are caught up in is the massive metals bear mkt ( a 20 year massive bear mkt with little hope of lifting in the near future for gold and silver). I am being presumptuous, but I think the mkt is making a mistake. It does sometimes. My favorite story: years ago I watched the mkt nose dive when oil prices nose dived - the free fall continued for three days until the mkt realized that low oil prices were good for the mkt and then it went straight up - the same thing happened in the gulf war and the civil war. I am nervous about this play. But the PGM's look real strong and this could be a big play. I think Stillwater is a steal, 23 grams per ton! Great article in the May 29 Northern Miner on PGM's. Bottom line is that if there becomes a serious shortage of PGM's in the world, Sudbury looks pretty good - as good as anyone else. There is just not much in the way of open pit PGM's out there to my knowledge. P.S. I always made more on home runs than day trading. I started moving back into tech stocks yesterday - KCA, IDC, WIZ, WV, and a few others. Good luck to you whatever you do. You are watching this play and that is smart.