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

To: Don craig who wrote (8229)	12/19/1997 2:39:00 AM
From: Phil Jones	Respond to of 14627

Don, my own guess is that it's all the factors you mentioned -- gold apparently starting to come back, silver high and still rising, the end of the capital loss sales, the switch to the TSE. My guess is a big jump coming for PFG in January, unless gold slips back, because people will be looking around for interesting junior resource stocks. Memories of Bre-X seem to be fading, and people who follow the junior golds know that PFG has a large established find of silver/gold that can only grow. ABX's involvement is the seal of approval. It seems to me that the TSE listing is just starting to bring in institutional money, which is why we've been seeing a series of days with 50,000+ shares traded. All the speculation about the silver/gold now being somewhat higher than the 90M/0.4M-ounce estimate of last summer doesn't hurt. I see just upwards ahead at this point unless gold drops down below US$280 (which I doubt will happen). In summary, Don, it looks very positive to me. Only 1998 will tell.