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


To: Don craig who wrote (9076)3/14/1998 7:07:00 AM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Don, Possibly for tax reasons. Some of her shares were bought right up there around $6-3/8. If the relatives are going to buy anyway it makes sense for her to book the real loss so it can be used against other trading profits. She can wait and make her position whole again later and this also tells me she expects some kind of share exchange that will push the capital gain she will make beyond 1998.???. This exchange when??, however with this timing the Miami meeting looms a bit larger when coupled with the comments by Quinn
Like getting your ducks in a row, as they say.

Bill



To: Don craig who wrote (9076)3/14/1998 2:24:00 PM
From: Mr.Staya  Read Replies (1) | Respond to of 14627
 
Hi Don,

CMS told me that she has not been a seller of PFG, except for these disclosed shares over to her family, in an off the floor transaction. She stated that having her family own PFG gives her as much if not more incentive as owning them all herself. By the way, I can definitely relate to that last comment. By family she was expressing outside relatives, not just immediate family, as we know her husband can get into the action at will........more or less.

I hope that clears it up for you. I will be away this next week and will be meeting with my institutional contact on the trip, which may shed a little more light on the whole situation. ie. Barrick's plans, drilling progress, etc.

Cheers,
Ric