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

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To: Mr.Staya who wrote (8452)1/23/1998 8:12:00 PM
From: Phil Jones  Read Replies (1) of 14627
 
Ric: I read through the PFG report that you posted, and can't see anything in it that suggests that news will be out by mid-March. There's mention of drilling a lot more holes, but it seemed from reading the report that the next news might be in the summer or even later. I suppose it's good that any news be delayed until the price of gold has had time to climb back to higher levels. Bringing out good drill results at a time when the price of gold was in the US$280 range wouldn't have done much for PFG's stock price. If gold can get back to the US$330 or above range in the next few months, big results from PFG should have quite an impact.
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