Dont worry they definately intend to dig up the Gold.How many...

Dont worry they definately intend to dig up the Gold.How many tens of millions of shares does Rodney have again? Paints the picture i think.He doesnt like this low price as much as any of us.

I think they are doing the right thing finding more while they workout the best way to mine.

I'd rather they have a resource of closer to 500,000 ounces before anyone snaps this one up in a takeover.

198,000 oz is around $320m in ground so your right it isnt peanuts for a .4c share but if they can get say 350,000oz Jorcd then $565m would gives us a very nice little takeover offer i would think.

I'd prefer us to mine atleast 727 and GTS and maybe have Kelly as a sweetener for an offer later on.

Dont forget Manus either. If they end up with 3-5moz there, personally i'd want 5c + for these. The next 12mths will really show the market what we really have.

IMHO i think it will show that Pacrim Gold was extremely cheap at these levels.

I've got plenty of time to wait and hopefully see a considerable gain.

A boost in the Gold price could spice things up even more.

Have to wait and see.


My ops.


Scorp