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: Quinn who wrote (12558)	2/1/2000 12:38:00 PM
From: charred	Read Replies (1) \| Respond to of 14627

There will be no buy out until there is some type of study, metallurgy, reserves.

To: Quinn who wrote (12558)	2/1/2000 12:44:00 PM
From: Nexus	Respond to of 14627

Qd, I agree with you up to a certain point. In my opinion, it is too early for a buyout by let say Barrick. They could have outbid PFG at the auction and not have to pay up for it now. Although the preliminary results are extremely encouraging, I think that majors like to have more evidence that a future mine exists before they buyout the junior. The wildcard in this is Diablillos which they have to make a decision on very soon so they have to weigh all their options. In any case, it looks like we're in the sweetspot for the near future. Nexus.