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Bullboard - Stock Discussion Forum Pacific Rim Mining Corp PFRMF

GREY:PFRMF - Post Discussion

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Post by GoingGreen on Aug 04, 2010 10:12am

Timeline?

If they win their court case and are awarded the permit to mine ALL THAT GOLD, what would be the timeline until they make some money?

I hope they don't have to seek more financing to be able to make this thing work.  Would the SP pop before they show profit. then spiral down when they issue more shares for financing?

I've been burned before with that reverse split and would feel better if we knew their plan and timelines.

If they didn't keep pushing things back at first they would of had the shovel in the ground years ago.
Comment by TIM9LIVES on Aug 04, 2010 11:38pm
 Answers,,,My Opinion.If an agreement is reached between GOES and PMU to reopen the mine,,,or,,if PMU were to outright win the court case.---- The share price would immediately jump ,,,,,maybe even to , or higher than it's all time highs. I say this because when mining was discontinued,,,the Price of Gold was 750.00 an ounce.  PMU did nothing wrong,,,all of this was instigated by NGO ...more  
Comment by GoingGreen on Aug 05, 2010 9:12pm
Your answer has been my gut feeling all along.  At today's price for gold and 10 times less shares then before, the SP could in fact surpass the previous highs.I believe once the ruling is in PMU's favor, the jump will be so quick that it will be almost impossible to buy anywhere near today's price.  I hope I could accumulate enough before this happens.  Now I wish I ...more  
Comment by TIM9LIVES on Aug 06, 2010 12:10pm
 Yea,,I wish I would have picked up more when it was at 16 cents. Still a few available under 0.20,,,but not that many. In any case,,,I agree with you. We could wake up any day and see a news release of some sort of agreement. Depending on the terms,,,,the share price will react quickly.   I wish I knew what was going on in the El Salvadorian Government's head. On one hand, ...more  
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