Pacific Rim Mining V.PFG Message Board

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

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To: Nexus who wrote (13152)	5/27/2000 12:46:00 PM
From: Claude Cormier	Read Replies (1) of 14627

<<I cannot be right or wrong. I AM RIGHT.>> You don't know. Gold can be $350 by year end and you would then be wrong. The gold deposit will be worth much more than whatever cash you can get NOW. << At what price would gold have to be for them to sell the property for $390 million ten years from now? >> The NPV of EL Saulal would jumped from approx. $150M now to $390M with gold approaching $450, a price that will be greatly surpassed in the next bull market. As for PFG vs FGX, I can only repeat that FGX has the goods, PFG still doesn't have them.

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