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

To: Bill Jackson who wrote (13922)10/19/2000 10:50:14 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 14627
 
If Barrick returns Diablillos to PFG it means it's worth dick. If they don't, PFG's got 30% of a deposit that won't be developed until silver is over US$10 per ounce. Still looks like dick to me.



To: Bill Jackson who wrote (13922)10/19/2000 11:48:24 PM
From: Claude Cormier  Read Replies (1) | Respond to of 14627
 
<<And remember Diablillos.>>

Bill,

The problem is Diablillos is not economic. Probably need $6-$7 silver. Recoveries are too low at below 60%. Also estimated CAPEX are high causing a very low rate of return if I remember well. Worth very little now.


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