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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Scripts who wrote (7881)11/28/1997 9:28:00 AM
From: David R. Schaller  Read Replies (1) of 14627
 
Ed, You could be right on, but what makes the economics of this a little different is the huge silver %'s. If the reputed resource is 1.5mil oz GE and only 400,000 oz au then the other 1.1mil oz GE represents 60,000,000+ ag. The gold is in effect a byproduct. Whether or not this is how the powers that be see it is another story. I for one want to see a lot more drilling done. (stepout, infill and also exploratory). Selling out at this price would be ludicrious IMO. This is a story that may yet turn out to have a silver lining.

Regards, Dave
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