SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Pacific Rim Mining V.PFG
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Quinn who wrote (11094)1/19/1999 1:48:00 PM
From: charred  Read Replies (2) of 14627
 
This is not a great deal as you say it is. Actually the company may have blew it already if a million ounce orebody is found. With all that cash the Peruvian owners still retained a 4%NSR. It is not a good deal. The deal is over 50 million CDN including royalty etc. In addition only 18 months to do it.

After that being said, there is room to make money here on the promotion side. If a 3 million ounce orebody is found, I see the stock at $4. A 3 million ounce orebody is a rare thing.

This will be the most interesting play of the year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News