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

To: Phil Jones who wrote (9256)	3/25/1998 10:29:00 PM
From: Quinn	Respond to of 14627

ZERO promotion by Management

To: Phil Jones who wrote (9256)	3/26/1998 1:03:00 AM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 14627

The property.

To: Phil Jones who wrote (9256)	3/26/1998 12:01:00 PM
From: Ross Mickey	Read Replies (2) \| Respond to of 14627

Phil. I assume the question is raised just to pass the time since all we can do is speculate. With that said.... The biggest reason is the mood of the general market. It is possible for one company to shine in this environment but it will be the exception. Then we have the lack of enthusiasm for our "blue ribbon panel." When they first came on board (pre-Bre-X) the market loved the idea and ran the stock. The mine-finders have not delivered (the Leticia bomb) so the market is bored with them, taking a wait and see attitude. Then there is the uncertainty of Barrick. Then we have the lack of blue sky potential to few speculation. When I first bought PFG, we were looking at the potential of a large gold find. Now we have a proven reserve silver mine with gold credits. Right now, in this market condition, investors are looking for the biggest blue sky potential. The unknown fuels greed which opens the pocketbook. Diabillios is boring in this regard. Ho hum...xx,xxx,xxx oz of silver...potential for 33% increase.... So we stagnate until SOMETHING happens. People think they know what we have. Most investors are not looking at the potential of the rest of Diabillios (remember, only a fraction has been drilled). Until Barrick makes a move, I don't think we will see much movement in the stock. I will keep accumulating at the $1.15 level because, you are right, we should be above $5 on Diabillios alone. I see this as a very safe investment with very little downside risk and a sure triple if not more. And for me, I haven't given up on Tom S. I think he will bring home the bacon given time. Best of Luck, Ross