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

To: Quickdraw who wrote (9173)	3/19/1998 10:19:00 AM
From: Quinn	Read Replies (1) \| Respond to of 14627

Hi Rick, for what it is worth, I got a copy of Synergy Management Inc.'s Market Update (11.3.98) yesterday. They specialize in N.A. Precious Metals Equities.. They claim that last year a world record deficit of 8,300 tonnes of Ag. was recorded and that the Comex wharehouses has fallen from 318 million tonnes to 89 million tonnes, and continues to fall. They claim the world is only weeks away from the "pinch point" in world supply. They go onto say: "the only way any significant silver will come to market will be at a price the other side of $15.00/oz. and this should happen within two months." Lets hope they are right; if so, Warren Buffet has made another tidy profit. Quinn