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

To: Quickdraw who wrote (8734)	2/21/1998 3:52:00 PM
From: Enigma	Respond to of 14627

I don't know about that - an idle one maybe - hence some time on my hands, but also, still, the need to make some money!! Having done extremely well in the Hemlo play in 83 and having been almost wiped out in the 87 crash (far too much margined buying) I'm back in the market now with a fairly small stake, trying to ratchet it up. I have a larger, long term position in COL.A, but for the above purpose I'm in PFG and CBI.M. Things seem to be rolling there with drilling results expected soon. This may turn out to be the kind of large low cost deposit that Barrick are after. Barrick can take down two more tranches of shares at $1.50. The speculators hope that this is another Ariaquipa type situation, and that a bid may be forthcoming, although I can't see this until after drilling results are published. The stock languished for a long time at 90-95 cents where there appears to be massive support, but it has started to move on better volume, Their string has recently come to life. I have been participating to a limited extent. It's worth a look. Good luck!