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


To: Ross Mickey who wrote (11124)1/22/1999 3:20:00 PM
From: marcos  Read Replies (2) | Respond to of 14627
 
Watching close here, guys, this is quite fascinating .... wish I knew what it all meant ..... shook the piggy bank and found a few nickels, but but but ..... buy? sell? have another beer? .... hang on, i'll check the fridge

ps - anybody have market depth?



To: Ross Mickey who wrote (11124)1/22/1999 3:53:00 PM
From: Shirley Owen  Respond to of 14627
 
Hi Ross, That's pre-supposing he could come up with that much money, and I really don't think so. That's over $1,042,720. I doubt that Gerry would invest in the open market either, unless he was psychic, and had a vision of when to buy and how much it was going to climb( we'd all like to be like that) as too much water is under the bridge for him with this company.

Gerry did not enrich himself very much from all the time he put into the company when he had it. Just about everything he had, and earned, went right back into the company. These warrants are the last door closed, as far as trying to recoup some of it. This is hardball politics. That is one of the reasons that I defend him when others attack, because I know what he went through to keep this company alive. Sure, he wasn't a mining man, but he gave it his best, and so did the rest of them. It was a good enough effort that it was interesting to CMS and them, and don't forget, it was them on their own that picked up where BHP left off, and drilled long enough to interest Barrick, so it seems to me that he accomplished some things. Got to give them credit for that. Now he is involved in the lawsuit by this guy who loaned him money at usurious rates, when he was desperate to keep the company alive. Don't forget he didn't have connections to the houses to be able to get financing easily and they weren't known by the "street" so it made it doubly hard. So you might say he is still paying for owning the company.

Cheers

Shirley