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


To: VAUGHN who wrote (2173)10/26/2003 8:35:00 AM
From: E. Charters  Respond to of 2255
 
They just drilled on step out 6.5 miles away on strike. It was mineralized throughout according to a Canaccord analyst. I took samples on the cliff in front of the drill. It had visible chalco and pentlandite. A sure sign of Pt minerals. I got Jobin-Bevans drunk later and he confessed they had grabs on the cliff of 6 grams platinoids. Still later I cornered Heather Pearson in an alleyway while she was betting on a shell game, and I threatened to tell her boss that she was playing pinochle with the petty cash. She broke down and told me the core analysis was moot as they already had enough channel samples to predict that the average grade would be 3 grams over 20 metres.

As far as depth goes the deepest hole to date in the Dana zone is 5 grams over 177 feet. There has been no deep drilling, which is astounding. There is every reason as Pearson believes that it gets better with depth.

EC<:-}



To: VAUGHN who wrote (2173)10/26/2003 11:18:18 AM
From: John Trudeau  Read Replies (1) | Respond to of 2255
 
Vaughn, holy cow, you think Eric wasn't just caught up in a speculative fantasy when he said PFN could find up to 32MM ozs? In any case, like you, I think PFN will do well if they find a fraction of that. I like 4MM ozs as a guesstimate, and $1.65 as a target price for the stock. If we get a sector rally happening at the same time (which may be possible, as some of our Jr Pt/Pd miners have perked up nicely over the last 3 months), or PFN gets some spectacular drilling results, who knows? $3, $4/share is possible.

JT