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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: E. Charters who wrote (4530)5/19/1997 7:54:00 AM
From: Bill Jackson   of 14627
 
Feasibility study has been underway for some time now. The reason B kept drilling was positive indications from the early assessment. The feasibility study will be fully done less than 3 months after the final assay results. Most majors start the feasibility study very early on, so they know when to hold/fold as soon as possible.They have stock scenarios in comuters and need only do the final assessment by adding the final numbers. The deposit model is comnstantly being refined as each hole comes in in a dynamic manner. We are well into it now and study continues to be positive and gettin more so. Your insider at Barrick should tell you this. Or do you think, well we now have the data, lets us start this1- 2 year process, and incidentally pay another $4-8 million for more work.
Why play with moose pasture? all guesswork. When the directors profit so will I.
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