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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: charred who wrote (14173)2/17/2001 3:43:46 PM
From: Phil Jones  Read Replies (1) of 14627
 
Agreed. His job was to find the gold, and Catherine's to hype the find. She hyped okay, but Tom didn't find the gold. I still think a more experienced exploration person would have realized that the ground sampling might not have been a reliable indicator of what was under the ground. But before drilling, Catherine started hyping based on Tom's conclusion of a huge resource. As a result, she expended a lot of her goodwill with investors. Goodwill is itself a valuable resource. Like the guy who cried "Wolf" too often, she's going to have a hard time finding new investors without great drill results. Anyway, she and Tom should be back from their holiday by now. Six months is long enough.
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