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


To: Mr.Staya who wrote (8181)12/15/1997 3:32:00 AM
From: Don craig  Respond to of 14627
 
Shirley:

It appears from the numbers that David, yourself, and others have been
crunching, we currently have a value that relates to share price of
between $8 to 12$. It should be noted that these prices are not taking
into consideration of mining costs. Even at that, it is pretty obvious
that the share price is way below its true value. So whats it gonna take
to get the price back up to where it belongs. Based on the $8 to $12
figures, can anyone tell us what the mining costs might be. That will
then give us a true value of share price. Remember what I have been
saying all along about the charts looking strikingly familiar to last
years. We gaind around .40 cents last week, and I look forward to
another .40 cents this week. Is this the time of year they like to do
some promoting? We found out last year, when promotion began and the share
price began its upward climb. I think it hit $4 bucks late in Dec. or
early Jan. Will the trend continue? I seem to think so.

I also don't believe we will have to wait past this next summer, for
some activity by Mr. Munk. I'm sure by then they will have a pretty
good idea as to what the minimum will be, and also what the potential
may be. Do you forsee ABX doing anymore drilling than they have to,
for the benefit of PFG. I think not, therefore I expect a buyout offer
by summer this year. Does anyone agree with these predictions? If so,
lets hear from you, and see what others thoughts are. Then again, I
thought someone mentioned once, that ABX initially wanted to JV with
Arequippa. Is this true? Maybe they would be quite happy to do a JV
with PFG, and save there money. Afterall, they would have to give up
only 30% of their profits.

Bottom line, my opinion is that this puppy is going much higher over the
next 4 5 months.

Good Luck
Don

PS: Gold is currently trading just over $283, and Silver is just aroun
$6.