Taking it to the streets. Stockhouse.com: Taking it to the street
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RESULTS
mrcashflow5
8/15/2012 11:18:56 AM  |  | 229 reads  | Post #31384710
 

   I was buying and adding to my position @ 19.5 cents....These results although a little dissapointing are not lousy...they helped define the geology of the initial drill hole...The company is CONTINUING to drill at an angle to the original high grade drill hole..A total of sixteen RC holes are planned to depths of between 700-800 feet to test peripheral to the intercept encountered in B-1201 at elevations of 6200 feet to 5800 feet, which is believed to be the level of major fluid boiling and deposition of gold during mineralization at the East Penelas target area.

 

I suggest investors read todays news release very closely, as this development is not as bad as one would first think...at first glance..

 

Cheers

Mrcashflow

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Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...