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

To: Quinn who wrote (8310)	12/31/1997 2:35:00 PM
From: Don craig	Read Replies (2) \| Respond to of 14627

Quinn: In your hopes of ABX taking out PFG's 30% by way of a stock purchase or cash, how would these scenarios work? I think a cash buy out would be fairly simple, but I'm not sure how a stock purcase would work. By the way, in the event of a cash buyout, do you care to venture a guess as to what kind of dollars we would be looking at (considering the last RC)? I have also been trying to figure out what the worth of 100 million ounces of Silver would be worth to the company. Lets just forget about any Gold at this point, and assume that all we have is 100 Million ounces of Silver. Knowing what we know about the Geology, grades, depths, recovery methods, etc, does anyone know what the worth would be? What would be the Market cap for PFG, with only the silver? Would it be an economical deposit? As I am not overly familiar with Silver mining (which is obvious), I am trying to understand just how valuable this deposit might be. I think I will try to contact CMS in the new year, to see what her most recent thoughts are, and if anything has significantly changed since the last time I spoke with her. If anyone would like me to ask any questions they may have, please either Mail me or post them on this thread. Happy New Year to all, and all the best in 1998!!! Good Luck Don