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

To: Natedog who wrote (14281)	6/20/2001 8:21:48 AM
From: Bill Jackson	Respond to of 14627

Nathan, So it was you, a penny tossed from on high does pass all the way through a human body(thus making it a body) It was a sour lesson, the diff between upwind and downwind. Bill

To: Natedog who wrote (14281)	6/21/2001 12:32:53 AM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 14627

There is no deadline. Barrick has to spend US$4 million between June 2000 and June 2001. If they don't PFG has the right to buy the property back for US$10,000 from Barrick. Clearly Barrick has not spent the money. The issue is what are the terms of the underlying agreement between the landowners and PFG? PFG only has the right to buy it back not an obligation. The terms of continuing to own the property may be onerous and they may not buy Barrick's 70% interest. It may not be viewed as an asset to PFG after all.