Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Mr.Staya who wrote (8699)	2/19/1998 11:23:00 PM
From: Enigma	Respond to of 14627

Don't be insulted - it's a waste of energy!. but if you really had a laugh..., at least you were insulted AND entertained. . Sorry I missed the 'net'. You must remember that those of us who are new to this post don't have the time to go back and read all the previous messages. One page at a time. I did however, notice a message in the not too distant past which was obviously using gross and not net return, giving rise to a huge value, and I suppose I made a mental note of this, and was somewhat pre-conditioned when I read your piece. Talking about previous messages, Shirley Owen some time ago gave a detailed analysis of outstanding options - I can't see where it was, but am I right in saying that these were options and not warrants? There has been some mention of warrants @ 75c due in early March. Are these warrants or options? The tax treatment of exercised options - at least for those subject to Canadian tax - is onerous, because you have a taxable benefit equal to the difference between the exercise price and the market price on the day of exercise. This puts great pressure on the person exercising to exercise the option and SELL the shares immediately - because the money is needed to pay the tax, the risk being that the shares will fall in value by the time the tax is due. In response to the next message, I have no idea of capital costs either, but I do agree that PFG have indicated they are not miners, and are likely to make a deal with another party if Barrick walks. So capital cost will be for the other party