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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Elizabeth Andrews who wrote (12365)	12/2/1999 9:16:00 AM
From: DeplorableIrredeemableRedneck	Respond to of 14627

There is an answer. It is a short answer though

To: Elizabeth Andrews who wrote (12365)	12/2/1999 7:59:00 PM
From: charred	Read Replies (1) \| Respond to of 14627

<<<<If the first drill hole supports the surface samples, will the stock go to the magic C$4 level right away? I doubt it.>>>>, I believe so. These guys are good promoters and have the right connections. They will move it higher. <<<<? In effect, your downside is 8:1 and your upside is 2:1, using charred numbers. This is not the formula to make money in spec stocks in my view.>>>, I agree. The problem is that this a poor business deal. I believe many speculators will buy the stock because their promotion. Once they realize that is not another Piernia, they will dump the stock. I like to invest into companies where the company has a solid asset at a good price. These guys are gambling nothing more. <<<<Why own it now when the risk of failure is the highest? Why not take a 100% return after you know that it may be possible and available?>>>, we agree again. This is risky, but in the short term you may get some joy. Long term, I can only see $5CDN. I prefer to invest into something not hyped on promotion. Thanks Elizabeth, cheers