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To: TobagoJack who wrote (40006)10/22/2003 11:22:38 PM
From: elmatador  Respond to of 74559
 
How -indirectly- Snowshoe helps Jay and contributes to wealth redistribution.

Snowshoe favors the preservation of areas for the sake of next generations and for touristic purposes only.

Indirectly, he helps Jay since if this is carried out on a country wide basis by the likes of US, Canada and Asutralia, it will make more expensive to: prospect, mine, store, process and transport basic materials.

Thus making those materials more expensive and benefiting the likes of: Brazil, Russia and other smaller countries in the world, where those materials can be procured more economically.

This can be seen as Snowshoe helping distribution of wealth.



To: TobagoJack who wrote (40006)10/23/2003 12:43:54 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Snowshoe is financing Jay’s liquidation of borrowed and already worth-less USD

And some Asian manufacturer will supply a set of fancy alloy rims and studded tires for Snowshoe's new car in exchange for the same worthless USD.



To: TobagoJack who wrote (40006)10/23/2003 6:12:22 AM
From: Condor  Read Replies (2) | Respond to of 74559
 
Hi Jay,

If your PAL is North American Palladium, then a jr. stock for you to look into is T.PFN (Pacific Northwest).
They are currently proving up a 2 million ounce palladium property 40 miles from Sudbury. I think it will rival PALs Lac Du Grasse. Anglo Platinum is a partner with them and has put in CAD $ 12,000,000 in exploration over the last 3 years. This property will be mined.
I have followed this play and owned it for a couple of years but exited when palladium price dropped. What do you see in the future for the price of palladium? It was near $ 800 and dropped to $200.
One concern I have with them is dilution. I'm not up to speed on where that stands at this time.
I may start stalking PFN again.
I have been in mining all my life so this type of play is somewhat easier for me to assess. If you want contacts in PFN let me know.
pfncapital.com
wwwa.stockwatch.com
wwwa.stockwatch.com
wwwa.stockwatch.com

Cheers

C