Taking it to the streets. Stockhouse.com: Taking it to the street
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still too soon to promote the stock
 

 

I think the company should reach certain milestones before aggressively promoting the stock. One of these milestones is profitability. Another is demonstrating continuous high quarterly revenue growth rates of 20%+. 

 

Secondly, if annual revenue is less than $10 million, many funds/investors don't care that your company is profitable or is experiencing high growth rates. In their eyes, you're still a pipsqueak operation. I'm not projecting annual revenue in excess of $10 million until 2014. 

 

Also, you've got to consider that Bay Street remembers how Cormark got burned the last time big sales projections were made. It's very difficult to successfully promote a stock based on big projections twice around. 

 

I take comfort in knowing the company publicly stated that it believes enough cash has been raised to reach profitability, that the insiders invested an unprecedented $375K, and that the lenders decreased the interest rate from 18% to 14% while extending the repayment date for additional 3 years. This speaks volume of management's and the lenders' confidence that we are headed in the right direction. I just think it's going to take a few years to build the company to the point of becoming an attractive acquisition target.  

 
 
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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...