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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 (2134)	4/15/2003 8:56:49 PM
From: John Trudeau	Read Replies (2) \| Respond to of 2255

10-4. I sure wish I had a crystal ball for Pd prices. It would simplify things quite a bit. Another way of looking at it, which isn't too bad, is to look at 3oz. of mined product. Given their current grades, 1 of these oz. would be Pt, and the other 2 Pd (approximately). At current prices, that would = $622 + 2x$156 value for 3 oz. Now, if it costs (this is a guesstimate based on info I could find from various sources), $250 to mine each oz (regardless of whether it's Pd or Pt), our profit on the 3oz. would be = $934.00 - $750.00 = $184.00 If this is anywhere close to reality, we aren't doing too bad. It would be good to get some feedback from some mining experts in this regard. Ciao for now, JT