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


To: David R. Schaller who wrote (10889)12/1/1998 8:46:00 AM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
David, There is the real truth of it. What does Barrick set as it's internal reserve estimate? They have the in-house staff to do a reserve calculation and update it hole by hole as the drilling proceeds. I wonder if they will ever reveal that to us?

Bill



To: David R. Schaller who wrote (10889)12/2/1998 12:43:00 AM
From: charred  Respond to of 14627
 
I believe Barrick thinks that the area has excellent potential to discover high sulphidation systems rich in gold in the same belt. When they bought out Arequipa Resources, they also wanted the land position that came with the deal. They are going to hold on to this as long as possible until their regional programs say yes or no. Barrick will return the property.

The four twin holes, who knows. Barrick has a bunch of smart engineers and businessmen.

Cheers