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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Claude Cormier who wrote (12427)1/2/2000 1:26:00 PM
From: charred  Read Replies (1) of 14627
 
Claude, I disagree. 25 million US is mucho. In addition to the NSR, it might kill the IRR.

This is different than Piernia and Yanacochas. Totally different type of deposit. These deposits are located near major urban centers where Luicho is not.

This project will either make or break the company. It's an excellent project no doubt about it. I do think that management can get the money to pay off the owner. The question is at what cost to the shareholder.

cheers,

BTW, Happy new year.
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