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Our research resources have been aimed towards the US Large Caps and the various prospective companies therein Pacific Rim Mining Corp. was among those that we have been closely examining due to their recent news and trading patterns. Sign up at www, streetinvesting.com for more information on the company mentioned herein.
This Friday, 03rd October, 2008, The Denton-Rawhide Joint Venture of which Pacific Rim Mining Corp. is a 49% participant along with 51% operating partner Kennecott Rawhide Mining Company is currently in discussions with Nevada Resource Recovery Group related to the terms of the October 2004 Property Purchase and Sale Agreement. Under the Agreement, NRRG has agreed, subject to certain conditions, to purchase from the Rawhide JV the lands occupied by the dormant Denton-Rawhide open pits, on which it intends to build and operate a landfill site for non-hazardous municipal waste. The Rawhide JV will receive compensation for the transfer of this property primarily in the form of 'tipping fees' over the life of the landfill operation. Additional details of the Agreement are available in Pacific Rim news releases #04-16 and #07-09 available on the Company's website.
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