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Gold/Mining/Energy : Pacific Rim Mining PMU.T
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To: Bob V who wrote (283)3/11/2005 7:55:42 AM
From: Phil Jones  Read Replies (3) of 312
 
Bill

If there existed any kind of proof at all that the management of this outfit was ramping up the stock price to cash in, I think the Ontario Securities Commission would be very interested. This pathetic stock has languished for five years with the occasional small run-up, then sharp ramp-down. I suspect VERY strongly that insiders play games with it; no proof, just a lot of suspicion. The management certainly aren't interested in doing anything to attract serious investment by, for instance, looking at any new interesting properties. What a huge change in outlook in this company since the Dayton merger five years ago. Everything changed that day. Before that time, Catherine McLeod-Seltzer was hungry for a big new find; now I'm not sure if she's even still with the company. If she's physically still with the company, she's not there emotionally. All the company seems to do is move its drills from one edge of the Eldorado site to the other, without anything being found; the site seems to be a total dud. How much longer can this go on. Even those who were hyping for shorting this company don't bother to post any more. You know you're in trouble when your worst enemies can't even take the time to criticize you!

Phil
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