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

To: Quickdraw who wrote (8998)	3/7/1998 1:01:00 PM
From: Phil Jones	Respond to of 14627

Hi, Rick. Didn't mean to put words in your mouth! Okay, I'll settle for $6, and run like Hell! (Well, maybe. Depends how fast it's shooting up past $6!) Like all the other PFGers, I just don't know what to make of the current situation. $1.50/share for 130M ounces (or 91M ounces) of silver seems laughable, but nobody's laughing. Samantha didn't tell me any more than that a news release is coming in late March/early April. Quinn says that he thinks "fireworks" are coming, and he's had some good inside info in the past. The official line at present say 91M ounces silver, and investors are expecting a 30%-40% increase. So the 130M-ounce figure is already factored into the price. So then I started wondering what might come out in a news release that will excite investors. The RC/DD comparison is something that people have been commenting on. Or maybe the gold/silver ratio will be up over the earlier results. Possibly the news release would say Barrick wants to buy out PFG. But I don't think that will be the case with the limited amount of gold. That's my thoughts, Rick. No great insights. Just scratching my head, like the rest of the PFGers.