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

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To: Elizabeth Andrews who wrote (12735)3/2/2000 12:03:00 PM
From: Nexus  Read Replies (2) of 14627
 
The analyst says that the $4.75 price reflects a 1-2 million ounce discovery. His price target is for the next three months, before the drills start turning. I think most people agree that this deposit hosts a minimum of 5 million ounces with all the info we know so far. That would be good for a price well over $10. Of course, that has to be drill tested, that is why the price is not there yet. Of course, that estimate could grow to a much higher level if more exploration points to that. Anyhow, the worst case scenario seems to be a least double in the next 6 months or so. Not a bad return, would you say?

Nexus.
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