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Gold/Mining/Energy : FREEWEST RESOURCES T.FWR / M.FWR -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (198)	3/1/2001 6:15:33 PM
From: russwinter	Read Replies (1) \| Respond to of 253

Kind of illustrates the incredibly neglected status of mineral exploration today. Here you have a classic collector and assembler of many excellent Canadian based prospects. But, capital is so lacking, and the valuation of the shares is so nominal, that properties that would take a lifetime of geological work to assemble, end up being kind of an albatross around their neck. Ironic, but the fact that they just underwrote new stock at the give away price 25 cents does prove your point. Apparently, just not the outside exploration dollars to do many JV's either? Looks just like the energy sector a few years ago. The project pipeline is drying up fast. I suppose when it starts up again, it will be with a flurry and a company like FWR will be well positioned and could just be snapped part and parcel just for the prime exploration rights. It is clear they have more than just a hodgepodge of junk there. Right now though their best bet for something more than just an excellent concession portfolio seems to be Clarence Stream.