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

To: Claude Cormier who wrote (12615)	2/10/2000 12:37:00 PM
From: Nexus	Read Replies (1) \| Respond to of 14627

Hello Claude, I cannot speak for others but I do have a problem with people that go on other threads to discuss other stocks than the subject. This happens specially when a stock is hot like PFG. the thread starts coming alive and unmistakably you start hearing about people that you have never heard of before talking about other stocks while trashing the subject stock, I guess in the hope that investors will get out of their winners and go into their losers to help push up the price. Now, THAT is called promotion. You have to admit that you and Charred, while probably not planned, sounded like a couple of car salesmen a few posts ago. Anyhow, you want a discussion, well I'll give you my opinion on what you have mentioned. You talk about management promoting this stock. You have yet to answer me concerning what they are doing out of the ordinary to promote this stock. All I see is a couple of proven competent minefinders going to regular shows and talking about their prospect and showing results obtained so far. Maybe you can get back to me on that one to clarify your point of vue. Now the overvalued point. Yes, PFG is overvalued by looking only at the exploration numbers so far, but results are not the only point to take into consideration when you are investing. Investors are valuating PFG according what they think will be the end result of the exploration of Luicho according to ALL the info that is out there (system ig growing and is open, better grades than expected, practically no dud samples so far, etc...). Other factors that hold the price up are the scarcity of quality projects and yes, management. Since Bre-X, investors are only willing to invest in quality projects and quality management. This combination is rare these days and PFG has both. We all know the interest of other majors for this property which confirm the quality property part. As for management, they are all people that have been involved in successfull projects that have done the best they could for their shareholders. Since there is not alot of companies that can boast of having that combination, then the value of others that have it rises. I can show you how important management is with my own experience. When Bre-X happenned and the price of gold started to collapse, I sold all my holdings in resource stocks except one, PFG, to move into tech. Why did I keep PFG? Because I knew that when times were going to get better in this sector, that investors were to flock into juniors with quality management that have the best chance to bring back shareholder value while other juniors are going bust. If just a few investors think like this, the value of the company also rises. People with real money that can move stocks don't put their money in a prospect unless they think there is a good chance they will get a very good return on investment. Scarcity of quality properties and management and so far, unknown potential of Luicho make PFG overvalued compared to others...or is it? We still haven't talked about the Barrick deadline of June 30th that is coming up. Personnally, I have no idea of what that is worth to PFG but perhaps it has some kind of value in the current share price. Good investing, Nexus.

To: Claude Cormier who wrote (12615)	2/11/2000 11:50:00 AM
From: Quickdraw	Read Replies (2) \| Respond to of 14627

Claude, I think the PFG thread is one of the most well informed of the mining threads on SI, and I believe it to be well balanced. When I said this comment " you continue to post comparative stocks to the PFG thread ... as you have done before. I really don't have a problem with this as I think Francisco Gold is way undervalued as is and it does give us a reality check." I meant it. I don't mind doing this type of comparison and I think it is a good thing. As my personal profile reveals I am now invested in SWG which is another company you brought forward to our attention on this thread and after some investigation I bought in. Member 2222523 Where I begin to get irked is when you give the impression that you and charred are the only ones on this thread who can provide a reality check. I truly respect your analytical skills but I am concerned when you post to someone who clearly has a negative slant as if he were some sort of expert. I believe his "crash and burn" post at Message 11271490 followed by the continual "NSR Bad deal" type of posting he has done as this stock has climbed from the $1.50 range to the $5+ range may in fact have kept some people on the sidelines, people who could now have sold half on a double. techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com techstocks.com Thus when the "Johnny and Ed Show" began it appeared we were in for another "NSR bad deal" lesson. Message 12822800 techstocks.com techstocks.com techstocks.com Claude, I believe a number of posters, including Nexus, and myself attempt to be as objective and as well informed as possible in our posts on this thread and I invite you to revisit my personal profile to check this out. We don't sit back and say "To the moon Alice!!" but instead are amazed the share price has reached these levels well in advance of drilling. Additionally, with regard to balance, responses like this to mjenson techstocks.com clearly display that I have learned a little over my years of investing (thanks bearcatbob) and hope to share these lessons with others who read the thread. My thoughts regarding this stock perhaps can best be described by a post I made at the Canadian Hot Stock Club Message 12769181 I believe you gave a fair representation of PFG at the Gold and Silver Mining thread Message 12758920 This is a high risk stock, lets make this perfectly clear and anyone betting on it should not be risking the farm. My philosophy in this case would be don't invest anything more than you can afford to lose … but each of us must make our own decisions. Good investing, Qd