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Gold/Mining/Energy : Silver prices

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To: David R. Schaller who wrote (327)	12/24/1997 10:48:00 AM
From: Claude Cormier	Read Replies (1) of 8010

David, Yep...I know very well Pac Rim. I like it but think they are pricy when compared to similar gold/silver developing company. .................................Market cap.....Oz.Ag.....Oz.Au Pac Rim.......(30%)..........$33M.......30M........0.1M Minefinders..(100%)........$30M.......45M........1.1M Metallica......(50%)..........$51M.......32M........0.8M All 3 have senior partners. Pac Rim with Barrick, Minefinders with Echo and Metallica with Cambior. MFL and MR have no debt and $10M cash. I dunno about Pac Rim. All 3 have potential to increase reserves. Metallica already has positive feasibility. Minefinders will also have something very positive. Study the details on those 3, you may find that exposure to each of them is better than exposure to only one of them.

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