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Gold/Mining/Energy : Pacific Wildcat (V.PAW)

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To: Dav!d who wrote (21)10/11/1996 1:56:00 PM
From: Barry Smith   of 47
 
Dave,

What exactly do they have, official resource calculation ??

PCR and Bre-X are both down big today, along with PAW.
The only one still climbing is MPE Mispec Resources.

The Indo stocks are very tough to predict. PAW will probably drop into the $2.50 range. PCR is finally back to $6.00.
I would think that PCR has a far greater upside with $10 million in the bank.

Is Wildcat a better buy than PCR, who seems to be rock solid ?
What do you think ?
The last time I was into a stock held by another large mining company (Minvita and Tueton) the stock went from $2.50 to $1.00. Homestake bought 500,000 shares at $2.50.
If I do get into PAW, i think I'll wait until it bottoms out.



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