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

To: Quickdraw who wrote (12662)	2/18/2000 10:03:00 AM
From: ogi	Read Replies (2) \| Respond to of 14627

Thanks Quickdraw: I just think it is better to shall we say, underestimate the expectation and over receive on the results. I have thrown out my file on Arequipa , however if memory serves me correctly they had first done very extensive sampling of the deposit via adits that provided critical information on the deposit before the drill program added to that. I will be happy if all are salivating on results and want to buy but the danger is PFG sells before they truly know the full value of the deposit and the buyer can't be sure of what they are getting. Most deposits get taken out over time, not quickly, although PFG is shaping up to be exceptional, I want to be sure I am happy with drill results, confident that value will be recognized over time and let the takeover take care of itself. There is no doubt that this will be closely watched and perhaps competed for but I would be very surprised at an offer this fall. Anyone know how many drill rigs they intend to use? Certainly with a balloon payment in the future PFG may use multiple drills to run a very fast program that would speed up the chronology of the whole process. Regards