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Gold/Mining/Energy : Pacific Galleon Resources
PFC 28.040.0%Mar 3 4:00 PM EST

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To: RMF who wrote (398)11/5/1997 5:44:00 PM
From: K. Anders   of 443
 
Hey Fellas,

It's true that things are not good with PFC and we're most likely looking at a roll back. I think that some decisions in the company could have been different. I wouldn't be blaming employees though. I've made money with some of the people that worked for PFC before. I think that they just got into a promising deal that went sour due to unfortunate problems such as Bre-X and the slip in the price of Gold. Richard Novis is a good fellow and works hard to keep his integrity and this was Chris Kottmeier's first deal. I'd say that they've probably suffered because of this market as well. I know that they wanted to make us all money. This way they could have taken us to other deals. It's the nature of this business.

Karl
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