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


To: Phil Jones who wrote (9142)3/17/1998 6:19:00 PM
From: Natedog  Read Replies (1) | Respond to of 14627
 
We got news today in case you missed it???......Some of it good, some not so good....Right now were picking on LB!!....cheers phil..Nate



To: Phil Jones who wrote (9142)3/17/1998 6:35:00 PM
From: James Grahame  Read Replies (1) | Respond to of 14627
 
PFG has posted more answers to our questions on the pacrim site. Of note were his comments about getting control of the deposit back from Barrick -- this is becoming the de riguer company line. See below:

<Tom Shrake:>
Our goal with regard to Diablillos has not changed...we want this project back. Getting the project back addresses the overriding goal of the company, which is the creation of shareholder value. Barrick is the premier gold company out there and they are good partners. However, Diablillos is a silver deposit and therefore doesn't fit well into their property portfolio.

Frankly, the deposit is worth more to Pacific Rim than it is to Barrick. If we get the project back we will advance it by defining the ounces that are there, and including any new ounces that we can find, minimize the metallurgical risks and prepare a scoping study. At that point, we will test the waters for a sale or joint venture. If we cannot realize the value that we see, we would immediately proceed with a feasibility study and put the deposit into production.



To: Phil Jones who wrote (9142)3/17/1998 8:11:00 PM
From: DeplorableIrredeemableRedneck  Respond to of 14627
 
Mind games.