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


To: Enigma who wrote (9235)3/24/1998 12:38:00 PM
From: Quickdraw  Read Replies (2) | Respond to of 14627
 
enigma,

The more I think about it and the more I read the threads about companies who are struggling to make ends meet, about companies that are dropping properties because they can't afford them, about juniors looking for joint ventures where they would not have before, about majors which are bordering on collapse ... the more opportunities I see for a gold major such as Barrick to be on the hunt. I just can't see them hanging onto this silver deposit as it is as you say not the game they play.

It is a real possibility they will eventually sell their percentage to PFG but it looks as though the resource calculation and a scoping study won't happen until the summer and any deal is dependant on these.

In my mind, this is when the real action will occur ... but then there is the RC/DD discrepancies ...

so ride away enigma, ride away ... hi ho silver awaaay!

Rick