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 -- Ignore unavailable to you. Want to Upgrade?


To: Nexus who wrote (12577)2/1/2000 10:15:00 PM
From: Rise  Respond to of 14627
 
Sounds quite a bit like my V.AQU. $10 million payment due for the property in a couple of years. They are confident they have 2 million oz. plus resource. Drilling property in early april but the stock languishes in the mid $0.20's. I venture to say V.AQU's share price would be much higher if T.PFG management was in charge. Oh well, once again I'm in the wrong stock. Guess I'll have to wait 6 weeks before somebody notices V.AQU.

As I said before, either T.PFG is way overvalued or my Aquest is severely undervalued. V.AQU even has long intersection of better than 2 grams Au per tonne from last year's drill program.

I sure hope my Aquest is undervalued 'cause if it can trade the same as T.PFG has over the last few weeks, then I've got a nice ride ahead of me.

Rise



To: Nexus who wrote (12577)2/2/2000 8:41:00 PM
From: charred  Read Replies (1) | Respond to of 14627
 
The analyst is full of it. He said,<<<<<<if they discover 7 million ounces, this property would be worth about US700mil>>> Hey look at the price of gold. At $300US, plus cap ex, plus NSR, plus buyout of the owner, plus production costs, NO ONE WILL BUY IT AT THIS AT 700US. He is talking at more than $100US per ounce.

<<<<Enigma said, majors are willing to pay up for huge tonnage deposits at low cost of production>>>>, Every major look at this project, why didn't they do the deal?

<<<<it will have cost them a few hundred thousands and cost of drilling>>>>, Wrong again, $600,000US payment, 200 down, 400 next year. 12,000 meters of drilling = 1.2 million, road building 4 moths in the Andes, 400,000US. Hey they are broke.

You are very mislead.

You are the one who needs the luck.