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

To: Scorpio who wrote (2127)	3/28/2003 11:35:58 PM
From: John Trudeau	Read Replies (1) \| Respond to of 2255

Thanks for the vote of confidence Scorp. PFN has been pretty soft lately. The fall in Pd and Pt prices hasn't helped, nor has the war in Iraq, nor has the slow release of drilling results. Not a problem though. For us believers, I think it's a good buying opportunity. I've been nibbling a bit here and there on the down dips since December. As mentioned before, I'm thinking of the August time frame for some solid gains. That gives them time to drill and assay a lot of core, and, with any luck, Pd prices will have firmed up, and the war cooled down. Gee, if we're real lucky, perhaps they'll hit it big. I'd like to see them surpass 2MM ozs of PGMs. These deposits seem to have a way of doing this. E.g. North American Palladium's mine in Thunder Bay Ontario. It went from 1.3MM ozs to 8MM ozs of Pd reserves between 1998 & 2002, with an average of 1.55 grams / tonne. I guess we shouldn't forget about the potential of Agnew Lake either. Hmmmm, do I hear normal course issuer bid? Best of luck, JT