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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Nexus who wrote (10885)11/30/1998 9:00:00 PM
From: charred  Read Replies (1) of 14627
 
Hello Nexus, this is my first post on this thread. I have been following Pacific Rim for some time. I believe it has great potential. Todays new release shows 664,000 ounces of gold and 109 million ounces of silver. Basically this is a silver mine with gold credits.

Before I invest I am going to wait to see what ABX does. If they drop the property, great! the stock will drop for the moment which will produce a great buying opportunity. With those silver reserves I bet you'll see someone like Pan American Silver or some big silver producer do something with the property. I'll take 1 share of PAA for every 3 of PFG. Remember Barrick's focus is on gold not silver however Barrick likes the area. When they leave, PFG will be in a great position. If they don't leave, well then PFG will have 30% of a producing mine.
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