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

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To: charred who wrote (12980)4/18/2000 10:59:00 AM
From: Quickdraw  Read Replies (2) of 14627
 
<...nobody in Miami>
Tell you what, I've arranged to phone CMS tomorrow so I'll ask her if she attended.
I sure see her name there as a speaker ... don't think they had a booth. Message 13382985 ... but then you would know best.

<... financing ... that what I said they should do>
I think you'll find you were not the first or only one to make this point ... but sure, why not take credit for it.

<Please gives us examples of this>
Example:
"Homestake to acquire Argentina Gold Corp. for approximately U.S. $200 million (C$300 million) in Homestake common stock. Argentina Golds' principal asset is its 60 percent interest in the Veladero property" " ... Veladero's three mineralized zones contain at least 4.5 million ounces of gold and 100 million ounces of silver." " ... the transaction values each Argentina Gold share at U.S.$5.14 or C$7.81"

Argentina Gold: shares o/s 38.5 million

www2.cdn-news.com

Ok, so lets work it out:

60% of 5 million oz = 3 million ozs (ARP's share)

US $200 million divided by 3 million ozs = US $67 per oz

Am I missing something here?

Qd
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