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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: tartan who wrote (1364)3/25/2001 5:20:17 AM
From: Al Collard  Respond to of 11802
 
Hi tartan,

Your in with PFN-v @$1.07 for 9,345 shares.

Welcome to the under $3.00 Stock-Picking Challenge, it's always great to see new entrants and good luck to you.

Chart for Pacific North West Capital Corp.(PFN-v):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart for PFN we can see this stock has been very volatile in the month of March on above average volume. The stock should have good support at the $.90 level, it's 50MA and 200MA's. Most of the indicators are pointing down at present but in this period of volatility one decent NR and who knows.

Good luck with this pick next week,
Al



To: tartan who wrote (1364)3/26/2001 4:22:44 PM
From: Al Collard  Respond to of 11802
 
tartan,

PFN-v...today's NR:

The Canadian Venture Exchange has accepted for filing an arm's-length
agreement dated Jan. 19, 2001, between Pacific North West Capital and Greg
Campbell and Donald Hawke pursuant to which the company can acquire a
100-per-cent interest in mineral claim SSM1211241 (the property) located in
Joubin township, Sault Ste. Marie mining district, Ontario, over a
three-year period. In consideration, the company is required to issue cash
payments totalling $60,000 plus 50,000 common shares staged over a
three-year period. A total of 10,000 shares will be issued upon regulatory
approval of this transaction, and subsequently 15,000 shares, 20,000 shares
and 5,000 shares will be issued respectively on the first, second and third
anniversary dates of the execution of the agreement. The market price of
the common shares as of Jan. 19, 2001, was 89 cents per share, the date the
agreement was signed. All share issuances are subject to hold periods of
four months.
Upon Pacific North West Capital vesting with a 100-per-cent interest in the
property, the vendors will retain a 2-per-cent net smelter return royalty
from all mineral production from the property.
The property overlies a sequence of gabbroic rocks which have potential for
hosting economic platinum group metal mineralization.