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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Phil Jones who wrote (14144)2/3/2001 6:03:30 PM
From: charred  Read Replies (1) of 14627
 
Looking at the last financial statement PFG spent 4.5 million on Luicho. These are the direct costs only. The overall cost is probably much higher.

"But I wonder if Tom shouldn't have done a better job on the geological assessment side", got to agree with you. Catherine promotes what is told to her from the geologists. She was misinformed by the poor geological assessment of Luicho.
As for changing personal. If they change the CEO it would cost the company approximately 10% of the treasury. The shareholder is stuck with it's current management
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