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


To: Ross Mickey who wrote (13135)5/25/2000 1:26:00 PM
From: Quickdraw  Respond to of 14627
 
Ross,

I agree, this is great news. The size of the financing has always been a concern for me. This tells me they believe they've got the goods at Luicho.

From the release, I like the sound of this line don't you.

The proceeds from the financing will be used to accelerate exploration at the Company's world class Luicho project, where a 20,000 meter reverse circulation drill program is scheduled to commence on June 21, 2000, and for working capital.

Good investing,

Qd



To: Ross Mickey who wrote (13135)5/25/2000 2:05:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 14627
 
<<Now...do I buy more PFG or follow Claude into the FGX realm?>>

There is also Cardero which is the cheapest play for the potential.

A good idea is to add shares in your favorites in the order of the probable release dates of their first results. So I'd say FGX, CDU and PFG in that order.



To: Ross Mickey who wrote (13135)5/25/2000 2:23:00 PM
From: Claude Cormier  Respond to of 14627
 
Also Ross,

Another factor is gold prices. Gold is down $3 today..If the trend accelerates and we go make a new low, you can bet on lower prices on all stocks in June including PFG which could test its 200 DMA below $4.

It is not an easy market. Lets hope for a reversal very soon.



To: Ross Mickey who wrote (13135)5/25/2000 5:04:00 PM
From: skynight  Respond to of 14627
 
Hi Ross: I like the financing too. With the Fast track that Tom Shrake has planned we should know pretty soon what we have. I like FGX also so I have some of both. IMHO they are both going to be winners. sky