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


To: Enigma who wrote (8720)2/20/1998 5:48:00 PM
From: Enigma  Respond to of 14627
 
I've got to feed the horses (my wife's away today) and take the dogs out - but I've read the Oliver report, which seems sane and to the point. It seems that PFG management feel that the waste contains material which can be mined at a profit - but it's Barrick who have to make the production decision.

One thing which the report makes clear, and it's a good one, is that PFG has a strong cash position and may be able to make attractive acquisitions from cash strapped juniors. A million or so dollars may go a long way. We don't want them to use it all!

I don't think we should overlook this - there is so much focus on Diablillos that a surprise may well come from elsewhere. Hopefully some of the heavy hitters on the Board are working on just this sort of thing



To: Enigma who wrote (8720)2/20/1998 5:58:00 PM
From: Quickdraw  Read Replies (1) | Respond to of 14627
 
Thank you for your efforts ... another opinion is welcome.

Enigma, you truly are puzzling, is feeding the horses woman's work? ;-)

All the best!

Rick



To: Enigma who wrote (8720)2/20/1998 10:58:00 PM
From: Don craig  Read Replies (2) | Respond to of 14627
 
Enigma:

It definately looks as if something may be up with MAD, as it has doubled
in the past couple of weeks. It has been on awfully low volume though,
which makes me wonder. They only have about 8 Million shares issued, so
I guess volumes on this one are bound to be a little lower. I'm wondering
what, if any relation there may be with PFG in regards to this price move.
Has there been some developements with the Leticia? Or possibly the Jossie
Concessions? Maybe some other type of deal in the works? Or, maybe nothing
to do with PFG what so ever! I see where it is posted on the MAD thread that
Haywood has been doing most of the buying, and we all know the connections there.
In any event, it appears as if something interesting regarding PFG may be
just around the corner. They sure can't attribute todays heavy volume to a
runup in the price of Silver, like they did last time around. I know we did'nt
get the price runup and there was a large cross this time around, but I still
don't buy the idea about the heavy volume being caused by the POS. There is
something a lot bigger to all of this, in my opinion. I'm not sure what, but
I think we have discussed a lot of the possibilities already. Don't forget
Quinn's prediction of "Fireworks" on or about the 15th of March, give or take
a couple of weeks. That time is fast approaching.

Anyways to all, have a great weekend and we'll talk to you next week.

Good Luck
Don