Pacific Rim Mining V.PFG Message Board

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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Mr.Staya who wrote (7900)	12/6/1997 12:14:00 PM
From: Mr.Staya	Read Replies (1) of 14627

Interesting article from the Associated Press on Silver futures soaring: " Silver futures prices soared yesterday on the New York Mercantile Exchange as surging demand for the metal in film and for jewelry caused supplies to dwindle to the lowest level in more than five months." " Silver futures jumped after the Comex division of the Nymex reported stockpiles fell 2.19 million ounces to 125.6 million, the lowest level since June 25 when they were at a 12 year low of 122.6 million ounces." Global demand for photographic silver is expected to rise by 3% alone. This seems to be great news for PFG, as there is an abundance of silver credits on the property to be sure. Most of the tax-loss selling should be over by the 12th of this month, I believe, which could finally pave the way for the bottom fishing cycle once again. More so in stocks such as this with good working capital, aggressive exploration, and what appears to be a bird in the basket with Diablillos.

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