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


To: Don craig who wrote (8290)12/29/1997 10:40:00 PM
From: Quinn  Read Replies (2) | Respond to of 14627
 
Hi Don, I guess the next big news will be a updated resource calculation. It should be greatly improved, if PFG get the (real) facts from ABX. Also there may be some news on new property acquistions. When you have $$ in the bank, in this post Bre-X market, the good deals should come flowing in. I have to think that Corriente (CTQ-T) is surviving on that fact alone, as they have just lost the lawsuit with Mansfield (MDR-V) on the disputed Argentinian property and have only disseminated terrible drill results for the past year; yet their stock is holding somewhat steady? Must be the cash in the bank? PFG has the cash, plus a good J/V and proven reserves with less outstanding stock, yet the two companies trade a roughly the same $$ value. Where is the logic?