Pacific Rim Mining V.PFG Message Board

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

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To: Pat Hebert who wrote (12403)	12/26/1999 2:33:00 PM
From: charred	Read Replies (1) of 14627

Hmmm, these guys don't want to put a price target. They say buy, but where is the target price. It's difficult to say. They say 5 million ounce deposit. Okay what would PFG be worth? Some use 5% of the gross metal asset. Let's use the same. Opps, but we can't why, 3% NSR is paid to the owners, plus $25 million US, not much left for the shareholder. All this play is promotion. Excellent prospect, one of the best but this deal is completely irresponsible. The economics might kill this play. Cheers

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