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

To: marcos who wrote (9561)	4/25/1998 10:45:00 AM
From: Enigma	Respond to of 14627

Marcos - I agree with all that. The chart reflects lack of momentum and interest. I hope I can get back in before a move up, otherwise there are other fishes.......although few with such good fundamentals. Cheers E. P.S. By the way have you got a copy of the Barrick Annual Report?. This is a very powerful machine. I have a bias, but I think their ground breaking hedging programme has had a huge impact on their success, because they have been able to concentrate on mining cost, and have had the wherewithall to raise financing for projects. Their ratio of debt to equity is miniscule. They have some huge projects coming on stream. These days, 200million ounces of silver might be of interest to someone else - not necessarily ABX - one of those hurdles that have to be jumped before the mist clears @PFG. I regret to say - although if you're a trader you might do OK in the meantime in a trading range. looking back at PFG over the last year the run up must have been caused by speculation that the deposit would contain significant GOLD what we have seen since is disappointment on that score and recognition of a new reality. IMHO