Pacific Rim Mining V.PFG Message Board

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

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To: Elizabeth Andrews who wrote (12728)	3/1/2000 11:04:00 PM
From: charred	Read Replies (1) of 14627

I am giving them $30 US. Why, well there is a NSR, which will drop the price per ounce. The location is in no where land, take another $10 per ounce for high capex. The payment to the owners, = another $5 per ounce at 5 million ounces. Low sulphidation system, metallurgy? With 30 million shares, $40CDN X 5 million ounces, CDN per ounce = 200,000,000. What $6 to 6.50 per share. Not even a double. There are other mining companies with proven assets trading a lot less. What do you think?

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