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

To: Richnorth who wrote (13745)	9/24/2000 1:12:10 PM
From: charred	Respond to of 14627

Remember each of those ounces have an NSR attached to it. Take $10US per ounce off right there. Purchase price another $10US. Also more exploration means more dilution. In addition the poor drilling might force PFG to go underground to get a true bulk sample. That will be expensive. PFG would be lucky to get $20US per ounce. With 30 million shares, $2CDN a share. Something that you must realize that zone is not 50 meters thick. CMS said 2000 X 250 X 50 meters AGM. Sorry but the drilling shows 20 meters.

To: Richnorth who wrote (13745)	9/24/2000 9:40:38 PM
From: russet	Read Replies (1) \| Respond to of 14627

Hi Richnorth, The only comment I can make, is this play has attracted some of the best posters on mining on SI I know, who have given their opinions both pro and con. This is a rare event, because a lot of plays don't attract them. In a good gold market,...PFG would have done a lot better,...that addresses your POG question. This market is not good for gold,..and unless the $US weakens,...gold sucks, because gold at present is an alternate currency to the $US. The geology and financial considerations do not look good at this time. If another area is discovered,...or a new gold, or other mineral genesis is found in the area, that could change my mind. The hamster has left the building (ggggggggggggg). Sorry.