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


To: Phil Jones who wrote (13984)10/25/2000 2:17:23 PM
From: ltholder99  Read Replies (1) | Respond to of 14627
 
Phil, it isn't so. The virtually zero stock price simply says that it is oversold. The fact that they were able to promote the stock to $4 -5 based on what has been described to me as the best geological footprint seen in 27 years reflects positively on the 'teams' promotional skills. Would you have it otherwise?
To be realistic as you say, most analysts and financiers are fully aware that there is no such thing as a 'sure thing' and won't be deterred from further dealings with PFG. Management will be working furiously now to option another property! Realistically speaking we're in for a bit of a wait but the infrastructure is still intact. Hang in there!



To: Phil Jones who wrote (13984)10/25/2000 5:25:45 PM
From: Richnorth  Read Replies (1) | Respond to of 14627
 
It's true PFG does not have much gold now. It may be a different story later on. Who knows? Except for the permabears and the compulsive pessimists! <ggg> Just like you, I was suspicious of the precipitous drop drop in the share price of PFG. But, of course, there are folks who will say that any suspicions are unreasonable.

Should the POG rises sooner than later (let's hope sooner), then, for sure, it's likely to lift the share prices of a good number of gold-mining stocks, analogous to a rising tide lifting all boats. Ditto for a rising silver price and silver-mining stocks.

BTW, there's a good read "SILVER TO ZERO" at

gold-eagle.com

According to the author of the article, it would appear the best way to turn the silver price around is to buy the physical silver. Ditto for gold, by extension?