SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (14468)1/10/2002 1:48:45 PM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 14627
 
You are missing the story here.



To: Bill Jackson who wrote (14468)1/10/2002 1:55:35 PM
From: Ross Mickey  Read Replies (2) | Respond to of 14627
 
PFG is switching their "model" to emulate Meridian Gold Inc (MNG). That is a low production cost mining operator. Meridian has an $800 million market cap with a 1.2 million oz resource producing 300,000 oz per year for about $100/oz. PFG hopes to increase Daytons 350,000 oz indicated to 1 million plus through a drilling program to start this spring. PFG has $3.5 million and Dayton has $2 million. They hope to raise $14 million from Daytons Raw Hawthorn heap leach project over the next three years. No plans for reverse split or financing.