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Investor Info
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Frequently Asked Questions
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| Q | Is it likely, or even possible, that Pacific Rim will be taken over by a larger mining company? |
| A | Although management is positioning Pacific Rim to become an intermediate level gold producer, in keeping with the Company's corporate goals, it is not impossible that the Company be considered a takeover target in the future. In our opinion, annual reserve replacement is becoming a challenge to many intermediate and senior producers; an undeveloped, low cost gold deposit with over 1 million ounces in reserve is likely to be of interest in the marketplace. However, Pacific Rim management firmly believes that in today's acquisition environment, shareholder value will be maximized by operating a low-cost gold mine with annual production of over 150,000 ounces, not by selling Pacific Rim to another company. Pacific Rim is not interested in selling or joint venturing the El Dorado project, preferring to retain a 100% interest in this flagship asset. |
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