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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 (1945)8/12/2000 6:31:02 PM
From: koan  Read Replies (1) | Respond to of 2255
 
Bob what you say is probably true. You always have so much detail I can never argue with you <g>; BUT, it was clear the disappointment north of hole 8 was what caused the decline. Look at what happened to AQI it was also decimated. ITF to the west and MMIN to the north actually strengthened.

So the micro picture might have been Haywood, but the macro picture was disappointment in the holes north of 8, I think <g>.

Hi elect.



To: Brumell who wrote (1945)8/12/2000 8:47:57 PM
From: Berry Picker  Respond to of 2255
 
You may be right about Haywood "punishing" PFN for switching to
LOM but they may also have just been upset with the latest results
and when they saw no real upside decided to punish the stock.

I've known guys like that that hurt their own financial
position just to "teach" a company a lesson.

I can't see shooting myself in the foot just to splash a
little blood on others but perhaps that is a bit of what
is going on?

You may however be right about them being almost out of
paper as they sold a lot less Friday than they did on Thursday.
They actually bought 21,500 and sold 82,500 for
a net sale of 61,000 - a lot less than 180,000...