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

To: Elizabeth Andrews who wrote (12730)	3/1/2000 12:52:00 PM
From: DeplorableIrredeemableRedneck	Read Replies (2) \| Respond to of 14627

For anyone still interested in this stock. My apology if it has already been posted: Goeple McDermid Pacific Rim Mining Corp. (PFG-T, $4.75) Recommendation: Accumulate Advancing an Exciting Gold Prospect in Peru 3-Month Target Price: $6.00 Mining HIGHLIGHTS - Pacific Rim has an option to earn a 100% interest in the Luicho property, a very early-stage gold prospect in Peru. Based on surface sample results, we believe the property has potential to host a multi-million ounce gold deposit. - The company is under the direction of top-tier management and directors, with proven expertise in finding, developing and operating mines. - Rock chip sampling has outlined an extensive area of gold mineralization at surface. The average grade of all 4,756 samples is 1.56 g/t gold, while 1,614 samples from the high-grade Central zone average 3.15 g/t. The grades, distribution, and nature of the gold mineralization are suggestive of potential for a large-scale, open- pitable gold deposit. - Our investment recommendation for Pacific Rim is ACCUMULATE, with a 3-month target price of $6.00 per share. As with all mineral exploration companies, Pacific Rim represents a speculative investment, as none of its properties have proven commercial value. The investment risk profile has increased due to the recent share price strength. Our ACCUMULATE rating is not a reflection of tempered enthusiasm for prospects on the Luicho property; it relates to the fact that the current stock price is already discounting the value of a 1-2 million ounce gold discovery on a property that has yet to be drill tested. While we recognize the property?s potential to host a deposit much larger than that, drill testing will be required to build confidence in that view. Summary Data Shares Basic (mln) 21.6 Shares Fully Diluted (mln) 24.7 Recent Price $4.75 Market Capitalization (mln) $103 52-Week Hi/Lo $5.65/$0.60 Monthly Volume (past 6 months) 1.5 mln Cash (mln) $3.0 Debt (mln) nil Management & Directors Catherine McLeod-Selter, President Thomas Shrake, CEO Tony Petrina, Chairman Bill Myckatyn, Director David DeWitt, Director February 24, 2000 Mike Westcott (604) 659-8202 Maciej Rygiel (604) 659-8282 All figures in C$ unless otherwise stated Investment Research