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


To: ogi who wrote (12661)2/18/2000 9:21:00 AM
From: Quickdraw  Read Replies (1) | Respond to of 14627
 
ogi,

I'll refer back to an earlier post which shows that AQP was taken out after approximately 50 200m holes. Message 12744032

I do agree that a second drill program will have to take place which means a financing will occur. I think the initial 12,000 meters will get the majors looking even more closely than I am sure they are doing now. It will probably be focused on the high grade zone with a few holes to the north and south to get a feel for those zones. The second drill program will expand on what they have already found and diamond drilling will take place to reconfirm grade. I would think that this is when discussions will begin to occur with the majors.

If all gos well, I think by the fall we may see an offer on the table. I do not think it will take two years.

These are my thoughts. I appreciate your joining the discussion.

Qd



To: ogi who wrote (12661)2/18/2000 12:03:00 PM
From: grampa  Read Replies (1) | Respond to of 14627
 
It'll be a chess game. Neither side showing eagerness. CMS drilling as fast a practicable to increase oz's, and (ABX) trying to get a commitment before too many oz's show and the price gets too high.

I agree with QD on timing.

Either way, --- :-)