SI
SI
discoversearch

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 : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: David R. Schaller who wrote (327)12/24/1997 9:03:00 AM
From: Mark Bartlett  Respond to of 8010
 
David,

<<On the success of my last pick (Foran FOM . vse) I would like to offer the lastest of my current choices and that is Terramin TRG.vse. >>

Not if inventories are _really getting as low as some suggest .... the critical part of the equation IMHO is the amount of unaccounted for silver that will move into the market as prices rise ..... that is difficult to predict.

MB



To: David R. Schaller who wrote (327)12/24/1997 10:48:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
David,

Yep...I know very well Pac Rim. I like it but think they are pricy when compared to similar gold/silver developing company.

.................................Market cap.....Oz.Ag.....Oz.Au

Pac Rim.......(30%)..........$33M.......30M........0.1M
Minefinders..(100%)........$30M.......45M........1.1M
Metallica......(50%)..........$51M.......32M........0.8M

All 3 have senior partners. Pac Rim with Barrick, Minefinders with Echo and Metallica with Cambior. MFL and MR have no debt and $10M cash. I dunno about Pac Rim. All 3 have potential to increase reserves. Metallica already has positive feasibility. Minefinders will also have something very positive.

Study the details on those 3, you may find that exposure to each of them is better than exposure to only one of them.