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

To: Shirley Owen who wrote (8889)	3/2/1998 7:10:00 AM
From: David R. Schaller	Read Replies (2) \| Respond to of 14627

Shirley, you didn't miss a thing. Well, we did give up on Leticia (to my surprise.) But you may have made it back in time for at least a mini fireworks. PFG has been emphasizing the silver at Diablillos. Which considering silvers' run is understandable. I suspect that there is more to it though. I think we can all assume that if the total resource is re-evaluated up by 30%-40% (because of the latest drill programs) that the au/ag ratios will hold and the total oz of each metal will increase accordingly. There is; however, one thing going on in the background which could have a disproportionate effect. That is the 12 twinned DD holes. If the silver content on these diamond drill holes actually turns out to be much greater than their RC twins we could have a huge increase in silver without a commensurate increase in gold. In which case it is easy to understand why a subtle shift in emphasis. (For those who are new to the thread..this has been an ongoing point of contention. The few diamond drill holes that have been reported and are close to reverse circulation holes..returned much higher silver values than the RC pair. We have come to find out within the last 4-6months that the silver at Diablillos is largely tied up in silver salts. They are, as it turns out, at least somewhat water soluble. The thinking is that some of the silver (especially in high concentrations) may have been washed away in the drilling process. This could have resulted in lower silver values on all the reported RC holes. The gold figures were fairly close so no large increase in gold would seem to be expected.) I am not sure when we can expect these results but they could have a dramatic impact on the size of this resource. It would seem that they should be available in the near term..since all the 12 twins were drilled last year. As far as share price, I don't think we need to have an eminent buyout offer to increase the share price dramatically. What we do need is an increase in the resource to a size that makes a buyout likely. Hopefully we will be there...when the number crunching is done. Regards, Dave

To: Shirley Owen who wrote (8889)	3/2/1998 12:43:00 PM
From: Ross Mickey	Respond to of 14627

Well, Shirley, let me join the chorus in welcoming you back to the land of the living. I can not join in the recent critique of the Canadian government (I am to disgusted with my own) but do have a short take on PFG. The recent letting go of Leticia was not a surprise based on my last conversation with Tom S. He was ready to dump it back then but didn't want to do anything rash prior to analyzing the drill data. I do not think we will see any announcements about independent drill programs until Barricks next move. Tom indicated they will be doing office work and some ground pounding on the new properties but would not be doing any drilling until Barrick shows its hand. My impression is they are getting as many duck lines up as they can in preparation for the event. I also got the impression this would occur prior to the summer. This is not to say we won't see announcements of new property acquisitions or perhaps JV partnerships. These are good news and don't require the outlay of to much capital. The real meat, a substantial drill program on any of their other properties, will not happen until Barrick moves. Now what forms can this take? Barrick bailing??....it might happen but not for cheap as specified in the existing contract. Another round of drilling??....maybe, but this has the potential of driving the share price higher, thus give PFG more bargaining power. Doing nothing until 2000???....my worst nightmare!!! Glad you are back. Best of Luck, Ross

To: Shirley Owen who wrote (8889)	3/2/1998 4:41:00 PM
From: Natedog	Respond to of 14627

Shirley, you have been found in possession of post #8888. How do you pled to these charges against you:))) I have the opportunity to listen to Paul Martin give a speech then attend a question period on march 4. Im still trying to squeeze it in. I could bring a brick and give it a little heave ho for you if you like;) Maybe they'll reduce Alberta tax again since were already so overcharged?hehe...It should be interesting and im looking forward to it. I'll be sure to get his opinion on BC! If we have 30 odd days to wait for news what else could possibly happen around here? A blurb on fantazma would be nice. Cheers

To: Shirley Owen who wrote (8889)	3/2/1998 5:32:00 PM
From: m jensen	Read Replies (1) \| Respond to of 14627

From February 3, 1997 Lee, Zaunscherb & Associates Inc. info-mine.com Maybe this has been discussed or is just a typo so to speak but if you look at the map labeled Property Geology and Claim Map: By B Goad & J.Brito -- Oct /94... The size of the "mineralized zone" at the [Pedernales zone] looks to be about 5 times the size of the Oculto Zone. Maybe nothing significant here at all? Perhaps the answer to this lies in the fact there is no mention of this zone within the Zaunscherb report. It does stand out though. Welcome back Shirley Regards Mike