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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Natedog who wrote (14340)7/17/2001 4:56:53 AM
From: Phil Jones  Read Replies (1) of 14627
 
Nathanc, share price is the reflection of what your average man-on-the-street thinks of a company. It may be no reflection of the value of the company. Just an emotional message to management. This company hyped, hyped, hyped the Luicho ground samples, then brought in two drill crews, and ended up finding nothing under the ground. Catherine and her crew are going to have to come up with some fairly strong evidence next time before anybody puts anything into this company. I thought a good starting point on a comeback would have been to let go Tom Shrake, but that didn't happen. When this stock sat at 60c for 3 years, at least she was putting out encouraging news releases every few months about new properties they were looking at. But for the last year it has been quieter than a doormouse. I wonder if, given Catherine's embarrassment at the Luicho fiasco, PFG isn't quietly looking at properties, maybe doing some drill tests, before making any kind of public comment?! I can't figure why else it would be so totally quiet. Phil
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