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


To: Elizabeth Andrews who wrote (12715)2/27/2000 3:06:00 PM
From: charred  Read Replies (2) | Respond to of 14627
 
<<<<way these crappy little companies get financed>>>>>, Well a little crappy company called Arequipa Resources went from 75 cents to $30 on a single discovery.

There is no doubt that Luicho is a multi-million ounce gold property. The question or should I say the bet is how many ounces? They say 8 million, well like you said, things change in the third dimension. I say more like 4 to 5 million is a better guess.

If this is the case, I feel the company is worth $6 to 7CDN a share. Why I don't invest into PFG is that it isn't a double in my opinion.

cheers






To: Elizabeth Andrews who wrote (12715)2/28/2000 5:18:00 PM
From: DeplorableIrredeemableRedneck  Read Replies (2) | Respond to of 14627
 
>I'm talking about the valuation which I believe is too high for prudent speculators, that's all<

"prudent speculator" HA! Now there's a rich one.