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

To: Quickdraw who wrote (12553)	2/1/2000 12:36:00 PM
From: Nexus	Respond to of 14627

Qd, We are torn between large investors who have bought on high volume in the 4.30-5.50 range and 'experts' who are convinced that the stock is presently overvalued. My guess is that we will find a trading range around 4$ for the time being until more info comes available. Until this property is seen to have unlimited potential, the stock price will remain in the 'overvalued' state. That is what speculation is all about. Look at the .com sector. People are willing to pay up ridiculous amounts for the outside possibility that they will make huge profits in the future. When it will become clear that they won't, some of those will fall. If I remember correctly, when Barrick was actively exploring Diablillos, the price started to come down when they were closing off mineralization in some directions. The speculative effect had worn off. In our case, everything is open even at depth. With possibilities being so high, they are paying up for PFG and will continue to do so until we get more of an idea of what we have. Good luck, Nexus.