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

To: Phil Jones who wrote (8152)	12/12/1997 7:28:00 PM
From: Mr.Staya	Read Replies (2) \| Respond to of 14627

Hello Phil, I would strongly suggest otherwise, to your point about silver varying inversely with the price of gold. If you look at a thirty-year chart you will see that the two metals (gold&silver) have almost mirrored each other. For example in 1980 when gold was around $650/oz., silver was up around $35/oz., then when gold hit $500/oz. in 1983, silver was right up there too at around $14/oz. These are just a few examples as the two charts really go hand in hand. One point you made could however be a reasonable scenerio, as gold mines shut down, and the silver is left in the ground, due to the sagging gold price, this could in someway help to create even more demand for silver. Keeping in mind that silver supplies are already getting depleated as industry demand for silver continues to rise. Maybe this will be the rare time that silver moves gold on some upward momentum. One thing is for sure, the chart on silver sure looks alot more stable than gold at this point. Those 120,000,000 oz/ag. at Diablillos will be looking mighty fine in the upcoming months ahead! Cheers Ric Staya

To: Phil Jones who wrote (8152)	12/12/1997 10:16:00 PM
From: Bill Jackson	Respond to of 14627

phil; The "silver cells", were used extensively in military helicopters and aerospace apps and early portable cameras. They had the highest output per unit weight of all rechargeable batteries, and were also the most expensive. They also had limited use life, often only 20-40 recharge cycles, but their light weight was their virtue, and they got into satellites. I used to buy them from the military, but after a while they sought bids from J-M and H-H, and the easy meat was gone. From time to time I see them in surplus, as they resemble nicads with an alkaline electrolyte, but they are rare now. The rechargeable lithium ion cells have killed them, and the lithiums have little scrap value, just a disposal problem. Bill