Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Jackson who wrote (10890)	12/1/1998 12:42:00 PM
From: David R. Schaller	Read Replies (2) \| Respond to of 14627

Bill, the most legit # we've seen is the one Rick got from Barrick, 800,000oz. That was 1.5 drill programs ago so I figure it has gone up by at least the 28% strike length increase. Figure 1,024,000oz plus 100,000,000 ag. Gold eq total @ 2,680,000 oz Of course if the whole property is uneconomic it really doesn't matter how much is there. Like owning the rights to all the gold in the Atlantic Ocean sea water. It's there but how to extract it economically? Barrick has invested a lot of money in this property and doesn't seem anxious to let it go. I can't believe that decisions of this type are predicated on the currently low value of precious metals either. Do you think that if the leach tests had come in 5% higher the story would be different? Forego mill etc? Or is this another red herring? Regards, Dave