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

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To: re3 who wrote (11065)1/16/1999 3:43:00 PM
From: David R. Schaller  Read Replies (3) of 14627
 
maxx99, Pure conjecture.

I assume that the share price is related to the flow of information. Some of which is public but most of which is not.

Stocks which close at their high for the day with reasonable volume tell me that on balance people don't want to be out of the stock over night or over the weekend. Why? I assume because they figure something may happen in a short timeframe and want to be positioned correctly.

What could happen? A jv for LaColorado, Barrick walking, PFG acquiring a desirable piece of property, drilling to begin, Barrick announcing an aggressive drill program, etc..take your pick.

It could also be that nothing is going on and I am just grasping at straws as we have been for the last 16mos.

Regards, Dave
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