Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Richnorth who wrote (13972)	10/24/2000 3:40:06 PM
From: ltholder99	Read Replies (3) \| Respond to of 14627

I agree it's not over...except probably for Luicho. The company still has over 4 million in cash, rumour has it they will be getting back the Diablillos, they are probably negotiating for another property, and despite the naysayers, the team of David Lowell, Tom Shrake and Catherine McLeod is probably one of the best exploration teams in the business. Smart $$$ is filling their boots right now!! Long term holder.

To: Richnorth who wrote (13972)	10/25/2000 4:53:58 AM
From: Phil Jones	Respond to of 14627

Rich, a lot of us still here suffered through a few years at 60c, went through the exuberance of the $5 days hoping for even more, and are now watching PFG's death throes. It goes to show that 'you never can tell'. Get too greedy and confident, and lose it all. But looking back I don't see that the 31c (or 0c) was predictable when it was hovering around $4 to $5. I (and I think most others) thought that a worst scenario might be it dropping back to say $3 if the drilling was so-so. With gold all over the surface, who expected there to be zilch underground? There might be a lot underground, or perhaps so-so underground, but zilch? No one has yet given a reasonable explanation of how there could be so much on the ground and so very little in the ground. I must say that I'm a bit suspicious. As far as the POG, how would an increase help a company like PFG that has no gold? Maybe through reflecting on the price of silver? Anyway, Rich, I think you're right about the price being so very low because of tax selling. Phil