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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy3/31/2006 1:46:36 PM
   of 1182
 
Pacifica (PAX) - ZINC

Bought some more Pacifica (PAX) on the strength of yesterday's PR. Not new info but confirmation of existing resources. I especially liked...

<<The previously-reported 33.5 million tonnes of Indicated resources and 112.91 million tonnes of Inferred resources (see February 9, 2006 news release and NI 43-101 Technical Report filed March 28 2006 on SEDAR). In addition to the Indicated and Inferred resources, a mineral potential has been calculated for the Selwyn Project which contains 220.0 to 230.0 million tonnes of mineral potential resources within the various zones, estimated between 4.0-5.0% zinc and 1.0-2.0% lead.>>

The Indicated and Inferred figures above contain about 20 Billion lbs of zinc -- and that's just a small proportion of what's there! This is the sister company of Yukon Zinc but at an earlier stage of development. A long term hold for me, as per... "Buy companies with resources in the ground in safe countries"!

The March 28th Technical Report is available at:

sedar.com

Regards,
Howy

Message 22313246

AZK / MNG /
CMM.V / IPT.V / MUG.V
PRZFF.PK ( PRZ.V ) / BDRGF.PK ( BGL.V )
RDFVF.PK ( RDV.TO ) / NSM.V
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