Pacific Rim Mining V.PFG Message Board

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

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To: Quickdraw who wrote (12633)	2/12/2000 9:05:00 AM
From: Quickdraw	Read Replies (3) of 14627

Wow, I just finished reading both. Shrakes presentation is quite technical but shows the potential of Luicho. CMS' interview with Infomine is tremendous with responses like these: "So, we viewed it as a very good bet. Other people have put in writing the potential for 8 million ounces - 10 million ounces. We would concur with those people." "We said that we had to find a large low cost deposit. Low cost at that point was defined as under $200 an ounce cash cost. That was when gold was $350 an ounce. Last year when gold was at $250 we came to the decision that we needed to find a large deposit with a comprehensive cash cost of under $100 and ounce. We think that Luicho has that potential from what we see at this point. If it is, it will attract everybody in the industry's attention." Unbelievable! Qd

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