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

To: Brumell who wrote (1865)	7/12/2000 8:43:37 PM
From: Condor	Read Replies (2) \| Respond to of 2255

While I don't follow the mechanics of the "play" forensically like many here, I have a general understanding of the claim/s and I would say they are doing exactly what they should be doing with this drill program. They are: a) poking around where they found something originally to further verify that area and see if they can zero in better on that find.(they may have originally just touched a low grade fringe and a motherlode is adjacent??) b) they are stepping out for volume detection c) simultaneously they are learning about further geophysics of the area to better understand the "body" and enhance target accuracy of the next drill program (phase 111 ..which there will "no doubt be") d) they are poking around in heretofore untested, but interesting areas further afield on their ground. There could easily be two virtually seperate ore bodies within 1500 metres of each other. In the NW corner of the Sudbury basin their are 7 mines within a 3 mile square block each basically seperate ore bodies. The mineability of their ground may ultimately be determined by high tonnage vs. high grade (open pit) and the shallow holes (500ft) attest to their interest in open pit I would think. There is no doubt in my mind that this property will be drilled to death before any decisions are made. (and rightly so) The negative financial implications of conclusions drawn on inadequate data are too profound to consider. They are doing IMO exactly what they should be doing. Having said all of this, I still believe this is VERY early in the exploration stage and unbridled enthusiasm should be contained. They saw enough in Phase 1 to keep at it and my guess is they'll renew their interest enough with the results of Phase 2 to move on to Phase 3. This property is definitely "still in play". Regards C