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

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To: Richnorth who wrote (14266)6/12/2001 1:23:23 PM
From: ltholder99  Read Replies (2) of 14627
 
Hey guys forget about your gold holdings. It's only a matter of a few days now until Barrick has to return 70% of the Diablillos property or cough up another $US 4 million. To remind you, Diablillos has an inferred resource of 91.5 million ounces of SILVER and 595,000 ounces of gold. It's interesting therefore, to note that in today's Globe & Mail (page B -10) there is an article informing of Bill Gate's purchase of $US 6 million more shares of Pan American Silver, raising his stake to 5.105 million shares. As all the long term investors will recall, Bill Gates was encouraged to buy his initial stake in Pan American after it became public that Warren Buffet had bought for investment purposes the commodity, silver, for storage in a London warehouse. There are at least two prominent investors out there who feel silver is a good investment!
ltholder
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