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

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To: charred who wrote (13030)4/25/2000 10:10:00 AM
From: Quickdraw  Read Replies (3) of 14627
 
<<<<What do you base that on?>>>, "experience", says charred.

So ... lets take a look at Argentina Gold's 60% owned Veladaro property. During the project's five-year history $12 million was spent and drilling covered 17,000 meters at a depth of 250 to 300 meters.

Message 6238744

PFG will have drilled a minimum 12,000 meters in a two month period beginning in late May/early June.

On Oct 30, 1998, exploration Manager Ricardo Martinez tells Reuters ''We hope to begin pre-feasibility next year'. Argentina Gold Corp. tentatively foresees a feasibility study completed by 2001", say Martinez.

Dec 9, 1998 a hostile takeover bid by Barrick is refused by ARP. www2.cdn-news.com No pre-feasibility, no feasibilty study has taken place.

Dec 13, 1998 commentary by charred "Barrick won't give up" Message 6815515

Mar 8, 1999, Homestake puts in their offer and the offer is finally accepted.
www2.cdn-news.com No pre-feasibility, no feasibility study has taken place.

Give your head a shake charred ... give your head a shake.

Qd
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