Pacific Rim Mining V.PFG Message Board

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

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To: Richnorth who wrote (13972)	10/25/2000 4:53:58 AM
From: Phil Jones	of 14627

Rich, a lot of us still here suffered through a few years at 60c, went through the exuberance of the $5 days hoping for even more, and are now watching PFG's death throes. It goes to show that 'you never can tell'. Get too greedy and confident, and lose it all. But looking back I don't see that the 31c (or 0c) was predictable when it was hovering around $4 to $5. I (and I think most others) thought that a worst scenario might be it dropping back to say $3 if the drilling was so-so. With gold all over the surface, who expected there to be zilch underground? There might be a lot underground, or perhaps so-so underground, but zilch? No one has yet given a reasonable explanation of how there could be so much on the ground and so very little in the ground. I must say that I'm a bit suspicious. As far as the POG, how would an increase help a company like PFG that has no gold? Maybe through reflecting on the price of silver? Anyway, Rich, I think you're right about the price being so very low because of tax selling. Phil

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