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

To: Phil Jones who wrote (9504)	4/16/1998 8:53:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 14627

Phil, almost as bad as staying in BRE-X. Well all we can do now is wait and buy a few more shares if it dips under $1. The silver values make this a mine and in the long run it looks like it will have around 140 Million ounces if silver and around 60 million ounces of silver as gold equivalent. 200M, and we may end up with the whole thing. Of that $9 per ounce around $3 will fall to the bottom line over a 15 year lifetime, or $600M/15 years = $40 million per year for 15 years or about $1.30 per share. Should,make it worth $10-15 in due course. Ot will get there, fast or slow? if we own it all. Now we lack the money to make a mine so e will either sell for $ now or joint venture it and give up 50% or so in exchange for the operating monies. A sale might give us 50 cents to $1 for the 200M right away. Your guess as to what happens. The Barrick concealed data might help us increase the ante with a comparison between RC/DD to up the resource calculations. They might find a gold rich feeder zone with some dimensions to it. This may occur? Bill