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


To: Mr.Staya who wrote (9508)4/17/1998 1:49:00 PM
From: Mr.Staya  Read Replies (1) | Respond to of 14627
 
Further News: To add to the fact that PFG wasn't listed in the properties section of Barrick's report indicates that their decision on the property should be issued immediately following this latest program. All the PFG staff are hoping for Barrick to walk, as they feel that this would give the most value to PFG and ultimately the shareholder's. Catherine has heard a few rumblings that Barrick might walk, but it is heresay at the moment.

As Barrick has drilled only a small portion in comparison of the property, PFG is extremely excited about the geochem indicators on the Oculta. There are no plans of an immediate press release, however something I believe to be very significant is coming down the pipes.

If Barrick walks, PFG will drill wide spacings in these indicator zones, which should help to indicate their believe that this resource will be expanded considerably. (increased mineralization)

Furthermore, there are no plans to do further financings at this time.
(at least there won't be any more share dilution for now)

That's all for now, I have another meeting shortly that I have to prepare for.
Regards,
Ric