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

To: Enigma who wrote (9560)	4/25/1998 1:32:00 AM
From: marcos	Read Replies (1) \| Respond to of 14627

Well, then there's bottom-fishing, another style. Here's one way to look at it; The market cap is 30 mil (25 mil fd X 1.20). There's 10 mil in cash. So to buy a share today you're paying 20 mil for the people, the properties and the play. If there's nothing more than 200 mil ozs of silver (and there is), you're paying a whopping 10 cents an ounce. ...... 10 cents Canadian. There's no accounting for taste, and lots of room for different styles. By the time that pfg chart 'looks good' again, shares will be going for 1.80. I'll be taking profit -g-