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


To: Ross Mickey who wrote (14178)3/7/2001 4:49:28 AM
From: Phil Jones  Read Replies (3) | Respond to of 14627
 
Ross, Darren, thanks for posting this latest info on the company. Seems to be moving ahead and picking itself up after the Luicho fiasco. Trying to cut costs, looking for new properties. The $5M loss on Luicho and the hole it left in finances grates a bit, but you've got to risk money to make money. Settlement of the liabilities will stop the irritating lawsuit announcements that were popping up when share price was at $5. Beyond that, all we can do is watch and wait. I waited about three years before the run-up on Luicho, so we'll need to wait to see if something similar is in the cards again.