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

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To: Quinn who wrote (11094)1/19/1999 11:10:00 AM
From: m jensen  Read Replies (1) of 14627
 
Quinn no sitting around on this one looks like they could spend about 1.5 - 2 million this year and 3-5 next if it looks viable in order to prove up a deposit worthy of 25 mill. One could hope the brunt of the current $1.52 warrants will go dormant for a more favourable financing down the road.

One would think they saw something more than a few surface samples given you can buy ounces in the ground so cheap in this present market. Like most of those country's in South America the word exploration means you find a nice showing on surface and start digging, time is of the essence here.

I wonder if they will still go ahead with a few holes in the San Francisco property as sort of a sidebar to the Cofradia?

Mike
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