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

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To: Elizabeth Andrews who wrote (13732)9/23/2000 12:58:51 AM
From: russet  Read Replies (2) of 14627
 
Hi Lizzy,

Your $10US per oz Au post for measured, expected, thought about and dreamed about Au that might be there,...is the best post I have read in years. I'm sure teevee and I agree, because that's what the industry is paying,...under some duress. That gives a share price around $2.55CDN existing,...fully diluted,..probably less. Just how undervalued is it?

Hamster calculations using Hank2010's numbers.

3.67 million oz Au (see post 13725) * $10US/21.6million shares *1.5CDN/US$ = $2.55 CDN

The question is,...can a major even see 3.67 million oz??
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