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

To: Elizabeth Andrews who wrote (14035)	11/3/2000 8:07:46 PM
From: Bill Jackson	Respond to of 14627

Elizabeth, evaluating an inground deposit it harder. the best way is an overall average that equates to so many dollars of value per cubic yard. Now 1 ounce per ton of silver is 2.7 ounces per ton or $14 per cubic yard of silver at current prices. I forget what the average was, however it seemed to be around 6 ounces per ton of wilver or about $84 woth of silver per cubic yard. In addition there was probably $10-15 worth of gold per cubic yard. This is well worth the time and efforts of a silver major. Once PFG has it they can start to make deals with the silver majors, and one will bite. Bill