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: Claude Cormier who wrote (12617)2/10/2000 3:07:00 PM
From: Nexus  Read Replies (1) | Respond to of 14627
 
Claude,

The reason this 'promotion' seems to be effective so far is because this management is well respected across the industry. This is not the type of management to pass along information that is too optomistic. If they are suggesting that 5-8 million ounces is probable, then that's the worst case scenario. Believe me, when CMS took over PFG a few years ago, her first mandate it seemed at the time was to lower expectations for Diablillos. All of us 'old' investors of PFG were all wondering what she was doing. Now we can see that she was just trying to run an honest operation and that is why when she and others in management are well respected. So while the price has run up a bit and may pull back, since we are still far away from drilling, I'm sure that most of it is warranted.

Only time will tell but I want to be there to see the end of this movie. Too bad you weren't even there for the previews.

Good luck, Nexus.



To: Claude Cormier who wrote (12617)2/10/2000 3:59:00 PM
From: Mick  Read Replies (1) | Respond to of 14627
 
Claude

I don't think anything you said was out of line, some of these guys are soooo sensitive.

The only time I played this stock right was when I first bought it in May 1997, although I made I tidy profit when Kate was appointed President, the price of PFG kept going up. I bought again on the dips only to see the price collapse.

Recently I sold because Luicho drilling was 3 months away and I thought the price was getting ahead of itself. Well after I sold it kept going up.

Hopefully I'll get it right the next time.

Cheers