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


To: David R. Schaller who wrote (8233)12/20/1997 2:14:00 PM
From: Feline  Read Replies (1) | Respond to of 14627
 
No, I was waiting for the death dip to 80 cents. I'm only asking what the resource would be if the cut-off were raised to about 25 g/tn Ag ($4.80 per tonne?) Would it significantly change the resource? I got wet on a few other stocks, some of which are now lower than what I paid.



To: David R. Schaller who wrote (8233)12/20/1997 2:28:00 PM
From: rdww  Read Replies (1) | Respond to of 14627
 
it makes more sense to build a mine / reserve on something ( al lower cut-off) that should stay profitable. So while Feline may ask rascally questions - I'm sure there's a reason. Instead of raising the bar to meet the 13 yr high Silver price use a # that will results in a mine being started. I would figger that a good feas + production date are 1-2 yrs out. So what will the Ag price be then? Stick w/ the lower #'s or ask for ranges. When production starts up - it's easy then to start pumping more thru then it is to say oops (or say Pegasus)