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

To: Claude Cormier who wrote (13142)	5/25/2000 5:53:00 PM
From: Nexus	Read Replies (1) \| Respond to of 14627

Claude, <<Lets put FGX with the least risks, followed by PFG and CDU. I am sure you know of FGX's other assets that are already heavily discounted.>> With gold falling like it is, FGX is the riskiest play as it is priced on assets that could very well be discounted even more in this environment. PFG is also at risk but it is not solely priced on gold prices but also on a property that could be very attractive to another company, even at lower gold prices. Not to say that gold prices wouldn't be beneficial to all PM companies. << But expectations are for a 7-10M ounces discovery. And I think you will agree that they might not meet these. The risks I see is for them to find only 3-4M ounces of gold. Depending on the economics, it could mean a stock way below current market value.>> Surely you don't think that at these prices the market is discounting a 7-10M oz discovery? Nexus