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

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To: David R. Schaller who wrote (7940)12/5/1997 8:44:00 PM
From: David R. Schaller  Read Replies (2) of 14627
 
From Scavenger Report: Hope he doesn't mind me posting it here. Worth a look.
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Pacific Rim Mining (PFG : V)

52 Wk Hi/Lo: $8.20-1.08 Close: 1.15

Shares Issued: 18.2M; 24.3M f.d

Working Capital: $9.0M Per Share: $0.49

Barrick is planning another phase of drilling in the new year on the
Diabillos silver-gold deposit in Argentina. This project is at a pivotal juncture where Barrick must decide whether to go to production
leaving PFG with 30% interest or drop the option. While Barrick
carries this program, PFG continues to look for new projects in
Argentina. Major shareholder is Catherine McLeod-Seltzer (8%).
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First time I've seem CMS's position in print.

Dave
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