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


To: Robert who wrote (8563)2/4/1998 7:05:00 PM
From: David R. Schaller  Read Replies (1) | Respond to of 14627
 
Robert, I don't know enough about MFL to make comparisons but I am sure that like PFG & many others it is significantly undervalued. I think you calculated MFL as being valued at $6/oz au in the ground. At last calculation PFG was valued at about $8/oz au. (its higher after today) Both are ready for serious appreciation. Why PFG?

1)Strong buyout possibility by Barrick
2)Only 15% of the main target drilled to date.
3)Blue Ribbon Board
4)Likelyhood of grossly underestimated resource. (Silver in water soluble compounds that seems to disappear during RC drilling)
5)If Barrick walks our asset grows by 70%

Good luck with MFL. Sounds good. Just can't buy em all.

Regards, Dave



To: Robert who wrote (8563)2/5/1998 4:16:00 PM
From: marcos  Read Replies (1) | Respond to of 14627
 
Robert, you're right. MFL is a better deal per ounce, by far, but on the other hand PFG does better promotion, very recently at least. They both are likely to increase reserves in the near future, and both have a great future. I own them both, though a higher percentage of PFG since yesterday's rise.

I don't think it's such a sin to compare them on each other's threads, that's useful to show the pros and cons of each, imho. People aren't going to sell one to buy the other, they'll sell some dog to get the cash.

......... ­Hi ho Silver! .................. marcos, the loan arranger