Pacific Rim Mining V.PFG Message Board

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

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To: hank2010 who wrote (13725)	9/22/2000 11:54:15 PM
From: Elizabeth Andrews	Read Replies (2) of 14627

I agree with your assessment of the current situation. I also agree that it is reasonable to assume a 3 million ounce deposit may exist here. The question is what is the in situ value of an ounce here? If it's US$10 then the stock is undervalued here on the premise that the property is going to drill off as you expect. I think the market now is going to want the property to show that it does still have the 3 million ounce potential, so I'm thinking that the stock may get cheaper even if they drill a step out and demonstrate that the mineralized unit is as extensive as the surface sampling showed. However, I'm nervous about those fickle funds who may pull the pin at anytime. Will that be the buying opportunity?

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