Pacific Rim Mining V.PFG Message Board

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

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To: Claude Cormier who wrote (13153)	5/27/2000 2:08:00 PM
From: Nexus	Read Replies (1) of 14627

Claude, <<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.>> I agree with that. I think you are mixing up which statement I was talking about. This is the one I was talking about: <<And if you say that for Francisco it is much better to sell El Sauzal now at $150 millions than keep it idle for 10 years and sell it then at $150 millions, you may be right or wrong.>> In this statement, you say that it is not necessarily better to sell today for $150 million than in 10 years for the same price. We were assuming all factors being equal in 10 years time. In this case you are completely wrong, no doubt. Of course, if you change the parameters in the middle of the discussion by saying that there could be a surge in gold prices, then of course the deposit would be worth more but those weren't your original words. <<$450, a price that will be greatly surpassed in the next bull market.>> We won't see those prices unless conditions change drastically. <<As for PFG vs FGX, I can only repeat that FGX has the goods, PFG still doesn't have them.>> Be patient my friend. Just a couple of months and you will see the goods under the form of a news release that will shock the gold industry. Good luck, Nexus.

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