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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Elizabeth Andrews who wrote (14494)1/11/2002 10:00:56 PM
From: Bill Jackson  Read Replies (1) of 14627
 
Beats ,me? When they issue PFG shares to buy 100% of Day, than PFG survives.
In a friendly merger the tasks will be spread as needed, with exploration going Shrakeways and production going Dayways.
Still, it will be a larger company with 2 irons in the fire and not just one.

Hard to fault Shrake, exploration is like turning over rocks, sometijes it takes load of rocks.
I feel the the exploration funds were spent properly, but there is excess money spent on management. You need smaller salaries and more options as rewards.

Bill
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