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

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To: Bill Jackson who wrote (8786)2/24/1998 3:17:00 PM
From: David R. Schaller  Read Replies (2) of 14627
 
Bill, I can't see what Barrick's incentive for leaving would be. As I understand it they've already paid enough into Diablillos to cover all their obligations till 6/00.

In order to get them to leave (even were they so inclined) I figure it would take cash on the barrelhead. Probably enough to cover all their property payments & drilling costs. 10 megabucks. That would hit the kitty pretty hard.

I don't see them leaving but having them sit would be even worse to my mind.

Regards, Dave
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