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Gold/Mining/Energy : Panaco Corp (PANA)

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To: T-Lo Greens who wrote ()10/8/1997 7:10:00 PM
From: lmw   of 115
 
Tony

Have been in this company for several months. Icahn just settled a proxy fight by putting one of his people on the board(he wanted three). Also has been pushing to merge PANA with NEGX another good company in which he has a 20+% holding. Stock has been trading in the 4 to 4 3/8 range for months. Just started to breakout. Not sure why. If you find further info please post.

lmw
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