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


To: charred who wrote (12734)3/1/2000 11:55:00 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 14627
 
I agree with your valuation even though I would have started at US$20/oz in situ. No leverage. The Goepel report today says the stock is a buy at C$4.75 with a target to C$6. Wow! The whole thread could probably do better on used cars! Plus the thing everyone is assuming is that this will be another AQP because of management. Well I love the exploration team but they can't create a deposit. Let's drill it and see what happens. Has management exercised options yet?

Also did you forget to present value the model which makes the risk even higher in today's dollars?

I'm buying Francisco Gold and North Amer Palladium which are far cheaper and less risky than PFG under any analysis.