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Gold/Mining/Energy : TRANSPACIFIC (CDN: TRNP)

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To: Steve who wrote (6)3/19/1997 11:58:00 PM
From: Dennis (Hijacked)   of 24
 
Stephane:
I talked tot he company yesterday to find out what the progress has been re: listing on the ASE. They hope to have it done within the next couple of months... he expects there will be a rollback in shares (likely 10 to 1) so be aware of that. They will be holding off their results of recent drilling until listing is completed, but I was assured that the results WILL BE GOOD. So maybe time to grab another chunch at 4 cents (or 40 cents after rollback). I think I'd rather have another 100,000 for $4000 now, although I have seen what happens when some other stocks consolidated their shares...some not very nice!
Give the company a call... they are quite straight-forward with their answers.
Regards
Dennis
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