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

To: Nexus who wrote (12616)	2/10/2000 1:34:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 14627

<<...sounded like a couple of car salesmen a few posts ago>> LOL... Sorry about that. I'll try to post to you instead of reply to charred in my future comments. << 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. >> Well that is exactly what I meant. Understand that I didn't say "hyping" I said "promoting" which is not bad. But promoting a stock brings more buyers especially with a good story like Luicho. This, in turns eventually move the stock to a level that is temporarily no longer in line with the current fundamentals. << 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>> I can understand that. And the more buyers there is, the more likely it is that future expectations will be already priced in the stock. That is what promotion does. And that is where is the danger for new potential investors. The regulars on this thread bought PFG at much lower prices... and they have no risks. Such is not the case with someone buying to day near $5. <<Other factors that hold the price up are the scarcity of quality projects and yes, management.>> Well there are other great projects, that are priced much lower than Luicho is at this stage. Again, I think that if PFG is at its current price it is because PFG management is doing a better job a telling the story. But again, by doing so, they are raising the risks for new investors. And that is all I am trying to say, higher price in PFG stock means higher risks now... I will not have the same speech if PFG drops to $3 before drilling starts or if PFG comes up with drill results that support the current talk of 5-8 millions ounces. I agree with you on the importance of management and I try to get involved only with those companies that have them. CC