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


To: Quickdraw who wrote (9231)3/23/1998 6:10:00 PM
From: Phil Jones  Read Replies (1) | Respond to of 14627
 
Thanks for the post, Rick! It's just a feeling on what's coming, but with Warren Buffett's hoarding and all the talk/articles about super fuel-cell technology that appears to use silver, it seems to me to be a situation that's potentially explosive. Fasten your seat belts!



To: Quickdraw who wrote (9231)3/24/1998 11:50:00 AM
From: Quinn  Read Replies (3) | Respond to of 14627
 
Hi Rick, Many thanks for the post.

About halfway down the article, the reference is made again to: " ABX to sell their share of the project back to PFG for 3-4 million shares of stock and a small royalty" My understanding is that IF ABX walks, for a one time payment of US$ 10,000.00, PFG owns the entire project 100%. I don't know where the above noted substantial payment/dilution comes into play. I have sent a note to PFG asking for clarification and I will post their response when received.