Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: JED who wrote (12502)	1/28/2000 8:48:00 AM
From: Quickdraw	Read Replies (1) \| Respond to of 14627

Is it April 1 already? Seriously though, you and Ghunk may be right. The timing makes sense with the June deadline coming up. The share price at this level would mean PFGs 30% is being speculatively valued at $75US mill. Believe me, I'll take it as no financing would be required for Luicho drilling. I do think Luicho has much more potential than you seem to give it. Northern Miner reports northernminer.com "The new discovery is in the Luicho fault zone, north of the structural corridor that comprises the Northeast, Central and South prospects. The zone was identified by 235 continuous chip samples along a 322-metre sinuous path that returned an average of 1.1 grams gold per tonne. The company says that the newly discovered zone is mineralized over a minimum width of 50 metres. The gold mineralization occurs some 150 metres below the shale contact, in a sandstone package that is stratigraphically lower than the sandstone unit being sampled in the Main zone. Pacific Rim's chief executive officer, Thomas Shrake, believes the discovery provides solid evidence that the Luicho system extends for a significant vertical depth. In my mind, the bolded area means the potential is huge, perhaps more than first thought. Then there is Brent Cook's report which indicates 7 million oz plus potential Message 12591589 Then there is Cannacords analysis which indicates 5 million oz plus potential. northernminer.com And there are other analysts saying the same thing. I know there are small investors like ourselves out there who are probably kicking themselves because the share price is too high for them to get in and make a good sized profit. I think Nexus is right when he says it is institutional players positioning themselves. But I would certainly be a happy camper if "B were to pounce on D". I don't like the idea of dilution. Good to see you back! Qd