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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN
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To: Rudy B. who wrote (253)3/29/2000 11:07:00 AM
From: Midas  Read Replies (1) of 278
 
Hello Rudy B:

I just received the mailing to share holders of PAL and LARDER stock concerning the proposed merger of PROSPECTORS ALLIANCE CORP., INTERNATIONAL LARDER, EXPLORERS ALLIANCE CORP, as well as two private companies. While reviewing the FAIRNESS OPINION in the APPENDIX TO MANAGEMENT INFORMATION CIRCULAR MARCH 13, 2000, I noticed that the proposed value for the share exchange is 16.2 cents for PAL and 3.2 cents for LARDER. These values are substantially higher than those where PAL is currently trading, and where LARDER last traded, and may represent a buying opportunity.

Midas
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