Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Quickdraw who wrote (8201)	12/16/1997 10:07:00 PM
From: Quickdraw	Respond to of 14627

To all: I've notice David Carlson of Carlson On-line is posting on SI and he seems to be a wealth of information ... a few of the sites I have posted of late I have noticed as a result of his posts. It might be a good idea to peoplemark him exchange2000.com Regards, Rick

To: Quickdraw who wrote (8201)	12/17/1997 8:10:00 AM
From: David R. Schaller	Read Replies (2) \| Respond to of 14627

Rick, I think the discrepancy between RC & DD may be much greater than generally anticipated. I base this on two observations. 1)The table "Weighted Average Elements by Drilling Period" (last annual report) shows the BHP & 93,94PFG drill results between 50% & 100% higher than the 96 Barrick & 97 Barrick results. At first blush the answer would seem to lay with Barrick extending the limits & size of the resource into areas that are lower grade. Another take is possible. All the BHP & 93/94PFG drilling was done Diamond Drill, while almost 90% of subsequent drilling is RC by Barrick. 2)Until Barrick comes through with the 12 DD's that twin earlier RC holes we will be guessing as to the RC/DD effect but, let me offer three holes as an example of what the possible effect may be. Three holes all in same general area (two of which may actually cross) --------------width---- Au g/t------Ag g/t RC 97-56------ 88m ---- 1.19 -----193.5 BHP 45(DD)---- 108m ---- 2.9 ------250 DD 93-1------- 100m ---- 4.9 ------884 The factors for both gold & silver could be as high as 2x-3x. Even the width of the deposit may be understated since lower grades leads to quicker cutoffs. Oh well I guess Munk knows...but he's not telling. Regards, Dave