Pacific Rim Mining V.PFG Message Board

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

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To: Phil Jones who wrote (13971)	10/24/2000 1:55:29 PM
From: Richnorth	Read Replies (3) of 14627

No, not yet. Not by a long shot by my estimation! Don't forget that a lot of short-selling occurred a short time back and now at year end we are seeing a lot of tax- loss selling. One guy from Greenline this morning dumped 10,000 shares at 31 cts. Was it tax-loss selling or a crazy attempt to make the stock go lower so that his short-selling done earlier would succeed? Who knows? FWIW, there are speculations that once Clinton is out, gold will likely have better chances of rising. Why and how, I don't know. Nor do the speculators care to explain. Frankly, I don't believe that PFG's shareprice would tend to a limiting value of zero. Too bad a number of guys did not get out when PFG was hovering between $4 and $5 for quite a while. Maybe those guys had bought the stock at higher prices and were waiting for PFG to exceed their buy prices. Alas! things didn't go their way.

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