Pacific Rim Mining V.PFG Message Board

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

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To: DeplorableIrredeemableRedneck who wrote (12964)	4/11/2000 1:21:00 AM
From: Ross Mickey	Read Replies (2) of 14627

Yes, a mind warp again. From the website... Barrick must make exploration expenditures of US$ 10.5 million (COMPLETED) and a positive production decision, based on a full feasibility study, and including a capital budget, by June, 2000, or elect to make further exploration expenditures of US$ 4 million annually and in perpetuity until a positive production decision is reached. The Diablillos agreement provides for a nominal buy-back provision should Barrick not meet these commitments. Barrick is the operator of the Diablillos project. Best of Luck, Ross

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