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


To: Natedog who wrote (14277)6/18/2001 8:23:52 PM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Nate, has been in a bar all week, as you can see he has forgotten everything aboyut how we were all going to get rich as kings.
Well, I was in the same bar, but I never saw Nate, he was in a back room with some naughty women.

I have no idea what goes with Diablillos, if they are getting it back soon(which seems imminent) or if they have a deal cooking with a silver major, I was to drunk to listen to the gaggle of promoters at the bar as they clustered around 'her'.

Bill



To: Natedog who wrote (14277)6/20/2001 12:18:49 PM
From: Ross Mickey  Read Replies (1) | Respond to of 14627
 
Nathanc,

I can not find a "date" other than by "June." The implication is that July 1 is the drop dead date. It is, however, immaterial. PFG is negotiating with Barrick to get the property back. Since the original contract is less than detailed, many of the particulars are left unsaid, thus the negotiations. One of the minor details was how to dispose of some back taxes. I expect we will hear something after the deal has been finalized with Barrick. There is no doubt that PFG is getting the property back. The question is what they will do with it after they do. Four options...drill it, enter into a JV and have someone else drill it, sell it, or do nothing.

Ross