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

To: Phil Jones who wrote (8695)	2/19/1998 3:49:00 PM
From: Mr.Staya	Read Replies (3) \| Respond to of 14627

Phil, Let's the look at the scenerio if Barrick does walk. Averaging the production over say a 10 - 12 year period, give or take, with the resources known to date, would represent to PFG a minimum $12,000,000 per year - net profit. Working out to .79 cents/share, not counting cash on hand. The whole project when all calculations are done, looks to me to be worth roughly $135,000,000 - net profit, on a conservative scale. I would say PFG has some fire power. Regards, Ric