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Gold/Mining/Energy : Pioneer Metals (T.PSM)

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To: floj who wrote (6)8/12/1997 9:15:00 PM
From: violet peterson   of 502
 
Hi Flo
thanks for your reply. I myself have over the last three years been buying shares of this company . as you know the price of the stock was around $17.00 dollars in it's hey-day in 1986 .the mill on the property is still there and in excellent shape from what I understand. The coe of the co. Mr. sorenson is a smart mining man. and owns roughly 17% of the stock. Have a friend living at Sherritt were the mill is located ' said he would inform me to all activities as they happen 'so will pass them on. I feel that Pioneer would like to get into a jv deal with another co. When I talked to Mr. Sorenson back a year ago he said he would take his time and do things right the second time around . I think they have around five million dollars to work with so the co. is not broke. Mr. Sorenson doesn't believe in a lot hype which is fine with me .
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