SI
SI
discoversearch

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: re3 who wrote (10932)12/16/1998 10:17:00 AM
From: DeplorableIrredeemableRedneck  Read Replies (1) | Respond to of 14627
 
Pacific Rim Mining Corp -
Kaiser says buy on Diabillos optimism
Pacific Rim Mining Corp PFG
Shares issued 20,117,370 1998-12-08 close $0.9
Tuesday Dec 8 1998
John Kaiser, reviewing his recommendations for 1998 in a Nov. 18 Bottom-Fishing Report, says Pacific Rim Mining is a top-priority buy at 85 cents. Mr. Kaiser recommended the stock in December 1997 at $1.09 and in October 1998 at 65 cents. In the current report, Mr. Kaiser says the recently high-flying stock ($8.10 on March 10, 1997) whose focus now is a 30 per cent interest in the Diabillos silver-gold deposit in northern Argentina. Barrick Gold has spent $15-million on the property but does not vest until a production decision. Because of its small size and metallurgical problems, Barrick may simply hand back the property to Pacific Rim. At least, that is Pacific Rim's hope. With an $8-million treasury, Mr. Kaiser calls Pacific Rim an excellent bottom fish that would respond well to either a hot project or a new market cycle.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Bottom Fishers