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Pacific Northwest Capital - PFN
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SAPlayer



Joined: 22 May 2008
Posts: 416

PostPosted: Thu Feb 04, 2010 6:06 pm    Post subject: Reply with quote

Is $0.17 the lows? low vol makes me worried it may dip more

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moonshot5



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PostPosted: Sun Jan 17, 2010 12:52 pm    Post subject: Reply with quote

The volume of PFN is very low at bottoms, which it is not at right now.

I think the best way to play the Destiny project is through ATV-V rather than PFN. (I own both).

PFN has other assets that make it attractive, like rare earth potential as Vic Smith noted, and PGM properties/resources.

As I see it, if PFN can rise above the 30 cent area. it could really be a sight to behold.
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schmengei



Joined: 09 May 2006
Posts: 860
Location: Ontario

PostPosted: Sat Jan 16, 2010 6:21 am    Post subject: Reply with quote

Geo Dale wrote:
Also, Moonshot has previously pointed out that the volume on this stock is very thin.


I disagree. The MACD has turned bullish and on avg. PFN trades aroud 130K per day. Today's modest rise in price is accompanied by a tripling in it's daily average trading volume. The market is holding out, pending results from the lab on the remaining holes. When looking out at a 5 year chart and beyond, you can see PFN nicely track and follow it's 50 and 200 DMA's. Right now it's coming out of a basing pattern in a slow and steady rise off it's bottom. On Dec. 3 new money flooded in and PFN traded 1.6mil shares to the upside. All other momentum indicators remain neutral, I believe the stock is being accumulated while the market patiently waits for more news on Destiny. It was a buy @.20 and needs to break .24 to confirm more upside momentum. A break below .18 would not be positive and it's where my stop/loss is set. I could be wrong on PFN so please DYODD.
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Geo Dale



Joined: 10 Feb 2006
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PostPosted: Fri Jan 15, 2010 9:05 pm    Post subject: Reply with quote

Some interesting gold numbers at Destiny project in Quebec, but I'd like to see wider intercepts. So far, all the results have been on some rather narrow veins, nothing over five meters, if I recall correctly.

Also, Moonshot has previously pointed out that the volume on this stock is very thin. The results today moved the share price a whopping 0.015 C$, and only 437,500 shares changed hands.

Clearly, we need to do better here, and gain some traction.
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schmengei



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PostPosted: Fri Jan 15, 2010 7:15 pm    Post subject: Reply with quote

Pacific Northwest Capital Intersects High Grade Gold
More assay results pending? more drilling planned for DAC. Please, DYODD.
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moonshot5



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PostPosted: Mon Jan 04, 2010 11:44 am    Post subject: Reply with quote

Volumes usually tend to be low on this one. When it is cheap, it barely even trades. It is a nature of the beast.
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schmengei



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PostPosted: Sun Jan 03, 2010 7:59 pm    Post subject: Reply with quote

I'm new to this play - I purchased @.15 when it broke through it's 50dma, gaining momentum and MACD still positive. I would like to see more volume but currently view it's current position as a buying opportunity. I like the JV agreements, cash position and co. specific investments PFN has made. Holding for more drill results and more importantly, the market reaction to them. I could be wrong so please DYODD. Thanks to Geo Dale for introducing PFN to the board Smile
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Geo Dale



Joined: 10 Feb 2006
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PostPosted: Sat Jan 02, 2010 4:25 pm    Post subject: BC Polymetallic Project News Reply with quote

http://www.pfncapital.com/s/Ne.....-gt-8.6...

I'm posting this because Waldi requested some updated info. We can still be nice boyz and play here in Mike's sandbox, even if we don't always agree with each other. Oy Ve!

These are mediocre drill results, I'm not doing a pump job here, but at least they found something. (Whoosh....Whoosh!...gurgle) Rolling Eyes Talking my book won't do me any good now because the stock picking contest is closed already, as if anything I post here could actually move the markets....NOT! Laughing

PFN is going back and completing due dilligence holes on a pre-43-101 resource at Rock & Roll. The most positive thing going forward for the company, entirely IMHO is the Nixon Fork Gold Mine in Alaska. Putting that mine back in production will generate some cash flow for the company, and help fund exploration work. In the meanwhile, they just did another PP to raise cash.

http://www.pfncapital.com/i/pdf/12312009PFN.pdf

Tables and figures best viewed at the link at the beginning of this page, in case my cut and paste job is sloppy. Without further long winded commentary by myself, here is the NR

Pacific North West Capital Corp. Announces Intersections up to 296.2 g/t (8.6 oz/ton) Silver, 1.31 g/t (0.04 oz/ton) Gold plus Significant Base Metals at the Rock & Roll Polymetallic (Au-Ag-Cu-Pb-Zn) Project, British Columbia
view PDF

* 2009 drill highlights include intersections up to 1.31 g/t gold, 296.2 g/t silver, 0.46% copper, 1.25% lead, and 3.99% zinc over 3.14 metres in drill hole RR09-107
* Initial re-sampling of historic core confirms original assay data
* Numerous airborne geophysical anomalies remain to be tested
* Additional core sampling planned to provide basis for updated resource estimate
* Planning for expanded 2010 exploration program and phase II drilling underway
* Currently negotiating option/ joint venture with potential partners



December 16, 2009 Vancouver, Canada -- Pacific North West Capital Corp. (PFN) (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is pleased to announce results of the recently completed 2009 diamond drilling program on its Rock & Roll Project in northern British Columbia. The Rock & Roll Project hosts precious metals rich, volcanogenic massive sulphide (VMS) mineralization in a volcano-sedimentary host rock package of apparent Triassic age. The mineralization shows similarities to the gold and silver rich mineralization of Barrick Gold's past producing Eskay Creek mine.

Known mineralization on the property occurs as multiple stacked sulphide lenses in two zones, the Black Dog and SRV zones, over a strike length of approximately 950 metres. The Black Dog zone hosts an historic, non-NI 43-101 compliant, indicated resource of 580,544 tonnes grading 2.4 g/t gold, 335.9 g/t silver, 0.64% copper, 0.79% lead, and 3.1% zinc (Government of BC, MINFILE No 104B 377).


This resource is historic in nature, has not been verified by the Company, and should not be relied upon.

As much as 5 km of prospective strike length is present on the property. Historic drilling has tested the known mineralization down to depths of only about 160 meters.

In addition, an AeroTEM3 magnetic-electromagnetic survey completed at Rock and Roll in August, 2009, identified numerous anomalies on the property that remain to be tested. Thus there is the potential for additional mineralization along strike and at depth.

2009 Drill Program

The 2009 drilling program consisted of a total of 540 meters of core drilling completed in five holes (see accompanying map). The first four holes were designed to test gaps in the historic drilling on the Black Dog Zone in order to establish the degree of continuity of the mineralization and to confirm the historic geological model. Each of the infill drill holes encountered the target mineralization, confirming the continuity of the sulphide lenses and the validity of previous geological interpretations. Significant intersections are summarized in Table 1 below.

The final drill hole of the program tested a strong electromagnetic anomaly that may represent the westward continuation of the Black Dog Zone. Drilling at this location encountered minor sulphide mineralization near the bottom of the hole, but failed to return any significant assays. Drilling encountered a thick diorite dyke in the upper part of the hole that may have replaced the anticipated extension of the main sulphide lenses of the Black Dog Zone at this location. Further investigations are required to test for a westward extension of the main zones of mineralization.

Table 1. Selected assay results for 2009 Rock and Roll drill program. Au (gold) and Ag (silver) in grams per tonne (g/t). Cu (copper), lead (Pb) and zinc (Zn) in percent (%).



The 2009 work program on the property was also designed to provide an initial evaluation of the validity of historic assay data. A total of twenty one samples from five different historic drill holes were obtained for comparison with the original assays. In most cases the samples were taken from the same core interval as the original samples. The intersections selected for re-sampling provide a range of base and precious metal concentrations to allow for statistical analysis of the results. Historic and new intersection data are reported in Table 2.

The new assay data confirm the presence of elevated metal contents in the historic core. Although additional sampling will have to be completed to establish the exact statistical relationship between historic and modern assay data, the results to date clearly indicate that the historic values are of the same general tenor as the modern assay results.

Table 2. Comparison of historic intersections with re-sampled intersections obtained during the 2009 drill program on the Rock and Roll property.



All core from the 2009 program was logged at the Bronson exploration camp. The core was then sawn in half, and half of the sample shipped to ALS Chemex, an ISO 9001:2000 certified analytical laboratory located in North Vancouver, BC. The remaining core was replaced in the core box and stored at the Bronson camp for future reference. The historic core samples were obtained by quartering the remaining core from selected historic drill holes that are also stored at the Bronson camp. These samples were also shipped to ALS Chemex. Blanks and duplicates were inserted in the sample stream at the time of sampling, and all samples subsequently underwent testing by various analytical techniques for a range of elements.

The results of the work completed on the Rock and Roll program in 2009 are very encouraging. The Company is extremely pleased that continuity of high grade polymetallic mineralization on the property has now been confirmed by limited infill drilling, and that the original geological model developed by previous operators appears robust.

Additionally, historic assay results have been confirmed, and the Company can now embark on a systematic re-sampling of historic core to provide a statistical comparison of the historic assay data with modern data. This study will provide part of the basis for updating the historic resource to NI 43-101 compliance. Finally, the airborne survey completed in August identified numerous conductors that have yet to be tested. Based on these results, the Company is excited about the prospects of updating and expanding the known resource at Rock and Roll. Planning for additional sampling of the historic core at the Bronson camp, as well as for a full summer 2010 exploration program, is now underway.

About the Rock and Roll Property

The Rock and Roll Project is under option from Misty Creek Ventures Ltd, First Fiscal Enterprises Ltd. and Pamicon Developments Ltd. Under the terms of the option agreement, PFN can earn a 100% interest in the property over a four year period by completing $2,000,000 in exploration expenditures, paying $130,000 and providing a total of 600,000 PFN shares to the vendors. The property consists of 11 claims totalling 4244 ha (10,487 acres) and is located in the Liard Mining District approximately 9 km west of the Bronson airstrip and exploration camp in northern British Columbia.

Qualified Person Statement

This news release has been reviewed and approved for technical content by Murray Jones, P. Geo. Mr. Jones is a Qualified Person as defined under the terms of National Instrument 43-101.

Drill hole location map showing locations of 2009 infill holes relative to historic drilling, as well as airborne electromagnetic anomalies on the Rock and Roll property.





About Pacific North West Capital Corp:
Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. Management's corporate philosophy is to be a Project Generator, Explorer and Project Operator with the objective of option/joint venturing projects with major and junior mining companies through to production.

To that end, the Company's current option/joint ventures agreements are with Anglo Platinum and First Nickel Inc. In addition, Pacific North West Capital Corp. is also a major shareholder of Fire River Gold Corp (FAU: TSX.V) who is currently developing the Nixon Fork Gold Mine and Golden Zone Project in Alaska. Pacific North West Capital Corp. is well funded with an experienced management team and the ability to take advantage of the tremendous opportunities that are available in the mining sector today. Our focus will be to acquire advanced stage precious metals projects, continue to expand our PGM and base metals division and to look for special situations and under-funded projects in the resource sector.

On behalf of the Board of Directors

"Harry Barr"
Harry Barr, President & CEO
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Geo Dale



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PostPosted: Sun Dec 06, 2009 6:38 pm    Post subject: Gold in Quebec - Another Abitibi Greenstone Play Reply with quote

http://www.pfncapital.com/s/Ne.....-1.56-o...


Pacific North West Capital Intersects high grade gold up to 44.39 g/t (1.56 ounces/ton) at Destiny Gold Project, Québec
view PDF:

http://www.pfncapital.com/i/pdf/120309PFN.pdf


High grade gold including 44.39 g/t (1.56 ounces/ton), 39.5 g/t (1.39 ounces/ton) and 20.6 g/t (0.72 ounces/ton) across 0.5m intersected in wide shear zones

Open along strike and at depth

Phase 1 5000 metre diamond drill program underway

Phase II drill program slated for early 2010

December 3, 2009 Vancouver, B.C. Pacific North West Capital Corp. (PFN) (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J) and Alto Ventures Ltd. (ATV: TSX-V are pleased to announce high-grade gold results from the first five diamond drill holes completed at the DAC Deposit on the Destiny Gold Project, Quebec. High grade quartz veins including 44.39 g/t gold (1.56 oz./t), 39.5 g/t gold (1.39 oz./t) and 20.6 g/t gold (0.72 oz./t) across 0.5m were intersected. These veins occur within wide shear-related alteration zones which themselves are gold bearing.

Subject to final results of the current drill program, Pacific North West Capital plans to begin Phase II drilling in early 2010.


A third phase of drilling is slated for Spring/Summer 2010 and its size will be dependent on the results found in Phases I & II. The objective of the above mentioned program is to expand the current NI 43-101 resources on the project.

These first five holes are part of a 5,000m, 14 hole drill program designed to expand the known resources at the DAC zone through infill and step-out drilling.

The property is located approximately 75 km north of Val d'Or in the Abitibi-Témiscamingue region, Quebec. The geological environment at Destiny is similar to the main Val d'Or belt, one of the major mining centres in the Province of Québec, and host to many mine development projects. The property is road accessible with excellent mining infrastructure and support facilities nearby.

*Based on core angles and previous drilling, true widths are estimated at approximately 80 to 90% of the downhole lengths reported.


Table of significant gold assays




PFN has allocated a $600,000 budget to the Destiny Gold Project for 2009 and the work program is being managed by Alto Ventures Ltd.

About the DAC Deposit
The main area of mineralization on the Destiny Gold Property is the DAC zone, which occurs over a strike length of about 600 m.

In this area, four to five identifiable intervals of quartz veining and shear-related alteration zones carry high grade gold mineralization, with drill intersections up to 178.5 g/t (6.29 oz./ton) gold over a drill width of 1.0 metres.



The DAC zone hosts a NI 43-101 compliant indicated resource of 166,863 tonnes grading 6.88 g/t gold (36,892 ounces) and an inferred resource of 444,753 tonnes grading 4.46 g/t gold (63,839 ounces) calculated by W.A. Hubacheck Consultants Ltd. in 2007 (see "A Resource Estimate of the DAC Gold Deposit, Despinassy Twp., Val d'Or, Quebec" dated January 9, 2007, available on the company's website). .

Drill-hole cross sections and a 3D model were generated for the DAC Deposit in 2008 and are posted on www.corebox.net.

Pacific North West Capital Corp. has entered into an Option Agreement for the Destiny Gold Property. Under the terms of the Option Agreement, PFN will pay Alto Ventures Ltd., $200,000, provide Alto with 250,000 common shares of PFN, and complete a total of $3,500,000 in exploration expenditures over a four year period to earn a 60% interest in the Destiny Gold Property. Subsequent to vesting of its interest, the contract between the Parties calls for the formation of a Joint Venture with ATV to further develop the project.

Mike Koziol, P. Geo., P.Eng. And Alto's President and CEO is the Qualified Person who has reviewed and approved this news release.

Quality Assurance/ Quality Control
Core processing included descriptive logging and selection of samples for analyses. The NQ-size cores were sawed in half and one half was delivered to a commercial laboratory. The samples were delivered to the Accurassay preparation laboratory in Sudbury where they were crushed and a 500 gram pulp was prepared. The pulp was then shipped to Accurassay Laboratories in Thunder Bay for analyses. The gold assaying method uses a standard Fire Assay with AA finish technique on a 30 gram aliquot taken from a 500 gram split from the submitted sample. Commercially prepared standards and blanks were inserted by Alto every 25 samples to ensure precision of the results. The laboratory performs repeat check assays every 10 samples on pulps to ensure internal lab quality control. The results reported represent mathematical averages of all analyses performed on each specific sample.

Robert J. Tremblay P. Geo (Quebec), Consulting Geologist to Alto Ventures, is responsible for supervision of the diamond drilling program.

About Pacific North West Capital Corp:
Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. Management's corporate philosophy is to be a Project Generator, Explorer and Project Operator with the objective of option/joint venturing projects with major and junior mining companies through to production. To that end, Pacific North West Capital's current option/joint ventures agreements are with Anglo Platinum, First Nickel, Fire River Gold Corp. and Alto Ventures.

Pacific North West Capital Corp. is well funded with an experienced management team and the ability to take advantage of the tremendous under funded opportunities that are available in the mining sector today.

Management of Pacific North West Capital plans to use their technical, financing and deal making abilities to acquire additional Platinum Group metals, base metals and precious metals projects on an international scale. To that end, the company is in the process of adding key technical and financial people to our management, advisory team and to our board of directors. Pacific North West Capital is an International Metals Group of Companies.

About Alto Ventures Ltd
Alto Ventures Ltd. is a gold exploration and development company with a portfolio of highly prospective properties in the Canadian Shield. The Company is currently active in Quebec where it is focused on the Destiny Gold project in the Abitibi Greenstone Belt and in Ontario in the Beardmore and Shebandowan gold districts.


On behalf of the Board of Directors

"Harry Barr"
Harry Barr, President & CEO
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Geo Dale



Joined: 10 Feb 2006
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PostPosted: Wed Oct 21, 2009 9:46 am    Post subject: Interesting BC Project Reply with quote

Greetings to all from sunny southern New Mexico, USA!

http://www.pfncapital.com/s/Ne.....tallic-...

Best viewed at this link:

http://www.pfncapital.com/i/pdf/102109PFN.pdf

Pacific North West Capital Corp. Mobilizes Drill to Rock & Roll Polymetallic (Au-Ag-Cu-Pb-Zn) Project, British Columbia
view PDF

* Gold and Silver rich polymetallic mineralization with similarities to Eskay Creek
* Historic indicated resource of 580,544 tonnes at 2.4 g/t gold, 335.9 g/t silver, 0.64% copper, 0.79% lead, and 3.1% zinc
* Open along strike and at depth

October 21, 2009 Vancouver, Canada -- Pacific North West Capital Corp. ("PFN") (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is pleased to announce that a diamond core drill has been mobilized to its Rock and Roll Project in northern British Columbia. The work program will focus on infill drilling in the Black Dog and SRV zones to further define known mineralization. It is anticipated that this drilling, coupled with concurrent re-logging and re-sampling of historic core, will allow completion of a NI 43-101 compliant resource estimate for the property in the first quarter of 2010. On conclusion of the infill program, the drill will be used to test conductive anomalies identified by an airborne AeroTEM3 survey completed over the property in August 2009.

About the Rock and Roll Project

The Rock and Roll Project is under option from Misty Creek Ventures Ltd, First Fiscal Enterprises Ltd. and Pamicon Developments Ltd. Under the terms of the option agreement, PFN can earn a 100% interest in the property over a four year period by completing $2,000,000 in exploration expenditures, paying $130,000 and providing a total of 600,000 PFN shares to the vendors. The property consists of 11 claims totalling 4244 ha (10,487 acres) and is located in the Liard Mining District approximately 9 km west of the Bronson airstrip and exploration camp in northern British Columbia.

The Rock & Roll Project hosts precious metals rich, volcanogenic massive sulphide (VMS) mineralization in a volcano-sedimentary host rock package of apparent Triassic age. The mineralization shows similarities to the gold and silver rich mineralization of Barrick Gold's past producing Eskay Creek mine.

Geophysical Anomalies on the Rock and Roll Project
(click on map for high resolution image)

Known mineralization on the Rock and Roll Project occurs in multiple stacked sulphide lenses in two zones, the Black Dog and SRV zones, over a strike length of approximately 950 metres. At least 5 km of strike length of the prospective lithologies is present on the property. Historic drilling has tested the known mineralization down to depths of only about 160 meters. Thus there is the potential for additional mineralization along strike and at depth.

The Black Dog zone hosts an historic, non-NI 43-101 compliant, indicated resource of 580,544 tonnes grading 2.4 g/t gold, 335.9 g/t silver, 0.64% copper, 0.79% lead, and 3.1% zinc (Government of BC, MINFILE No 104B 377). This resource is historic in nature, has not been verified by the Company, and should not be relied upon.

2009 Work Program
The 2009 work program commenced with staking of additional claims surrounding the core Rock and Roll property. This was followed by a 350 line kilometre AeroTem3 helicopter-borne magnetic/electromagnetic survey completed in early August by Aeroquest Limited. The survey identified numerous conductors on the property which may represent additional zones of mineralization. Ground truthing of anomalies will be carried out as infill drilling on the Black Dog and SVR zones is completed, and the drill will subsequently be used to test prospective anomalies in an effort to expand the known strike length of the mineralization.

PFN has also entered into a Private Public Partnership agreement with the Geological Survey Branch (GSB) of the BC Ministry of Energy, Mines and Petroleum Resources. Under this agreement, two senior geologists from the GSB will complete geological mapping and sampling on the Rock and Roll Project, as well as in the district as a whole. The goal of this work is to define the age and stratigraphic association of the host rocks to the Black Dog and SVR mineralization, and to evaluate the potential for this type of mineralization elsewhere on the property and throughout the district.

Jon Findlay, Ph.D, P.Geo, PFN's Vice President of Exploration, is the Qualified Person as defined under NI-43-101 for this press release.

About Pacific North West Capital Corp:
Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF; Frankfurt: P7J.F) is a mineral exploration company focused on Platinum Group Metals (PGM), precious and base metals. Management's corporate philosophy is to be a Project Generator, Explorer and Project Operator with the objective of option/joint venturing projects with major and junior mining companies through to production. To that end, the Company's current option/joint ventures agreements are with Anglo Platinum, First Nickel and Kinbauri Gold. In addition, Pacific North West Capital Corp. is also the majority shareholder of Fire River Gold Corp. (FAU: CNSX) who is currently developing the Nixon Fork Gold Mine and Golden Zone Project in Alaska. Pacific North West Capital Corp. is well funded with an experienced management team and the ability to take advantage of the tremendous opportunities that are available in the mining sector today. Our focus will be to acquire advanced stage precious metals projects, continue to expand our PGM and base metals division and to look for special situations and under-funded projects in the resource sector.

Pacific North West Capital Corp. has approximately $6.9 million in working capital and securities.

On behalf of the Board of Directors

"Harry Barr"
Harry Barr, President & CEO


For further information, please contact our Investor Relations Department at Toll Free 1-800-667-1870
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rogerklam
Site Admin


Joined: 07 Apr 2004
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Location: Thornhill, Ontario

PostPosted: Thu Oct 08, 2009 9:24 am    Post subject: Reply with quote

Thanks Geo. Just sold with a nice profit. Can't resist taking profit with only a few days hold.

Cheers
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Geo Dale



Joined: 10 Feb 2006
Posts: 787

PostPosted: Fri Sep 25, 2009 7:58 pm    Post subject: PFN is a Platinum Explorer not a REE company Reply with quote

Hi Bhatbuilder

This week, I doubled my holdings in PFN, and averaged down considerably, but still only a fraction of your postion. I saw your posts on Stockhouse as well, and would like to offer you the following observations....

After studying their website, it appears that PFN has put the Coldwell project in Ontario on hold. It is currently available for option to other interested parties. It's a very remote possibility that someone from CIN had spoken with PFN about the Coldwell property, but even if that were the hypothetical case, the gentleman from CIN probably would not/should not be able to speak about it in a public forum due to a confidentiality agreement with PFN!! {I hope I worded that diplomatically enough, because the foregoing is only rank speculation on my part! } Rolling Eyes

Taking an off the cuff remark about lanthanum and running with it to the tune of 270K shares may just be a wee bit speculative on your part.....? I'm not being critical of you here, only realistic. I sincerely wish you the best of luck with your investment.....smiles and happy endings.

We all should be real careful about what we post here because a lot of people connected with the mining community and even a few investment analysts visit this website, due in no small part to the good reputation our Coach has built up.

From the company website, their priorities are given in this presentation:

http://www.pfncapital.com/i/sl.....deshow.pdf

Finding advanced undervalued PGE projects in Africa, that's why they recently hired Chris Davies...looking for other PGM advanced projects in the Americas, and even in Norway...that appears to be priority #1

Advancing the Rock/Roll VMS precious metal claims option in BC, which I like the looks of a lot!

Advancing the Destiny Gold project in Quebec.

Finally, I think they did a really smart thing with the Nixon Fork property in Alaska, optioning it out to Fire River Gold, but still carrying an interest forward to near term production.

http://www.pfncapital.com/i/pdf/062909PFN.pdf

PFN recnetly added 3.4 million to the treasury in cash and stock with the Fire River deal, and they seem to be doing a good job of protecting shareholder value by optioning out various projects instead of floating more shares at these current low prices. The 10 year closing average on the share price of PFN is around 50 cents, so buying at ten cents offers very little downside risk today.

Disclaimer: This is not investment advice, please conduct your own due dilligence. I own shares in PFN and the opinions expressed here are my own.

Regards,

Dale
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Bahtbuilder



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PostPosted: Fri Sep 25, 2009 3:07 pm    Post subject: Appointment of Christopher Davies to Technical Committee Reply with quote

Appointment of Christopher Davies to Technical Committee

The addition of Mr. Davies adds a wealth of knowledge and experience, particularly in sub-Saharan Africa, to PFN's Technical Committee. Together with John Royal and John Londry, two highly experienced former officers of the Company, the Technical Committee will guide the Company in its new strategy of focussing on more advanced project acquisitions.
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Bahtbuilder



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PostPosted: Fri Sep 25, 2009 2:09 pm    Post subject: PFN has a good REE property Reply with quote

CORPORATE STRATEGY:

Management's corporate philosophy is to be a project generator, explorer and project operator with the objective of option/joint venturing projects with major mining companies through to production.
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Vic Smith



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PostPosted: Sun Sep 20, 2009 8:12 pm    Post subject: Read my previous newsrelease Reply with quote

Coldwell complex is a great place to be for specialty metals. PFN has a huge land position.
vic
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