An open letter to jr. gold investers by Ron Pitts 03/27/97 Message Board

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Gold/Mining/Energy : An open letter to jr. gold investers by Ron Pitts 03/27/97

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To: Ron Pitts who wrote (12)	3/30/1997 6:18:00 PM
From: Lloyd	of 297

Hi Ron, I just back from the weekend so my apologies for taking so long to get back to you. As I said to you before I am involved with Pallaum Minerals (PLM.a) so I am a little bias when I suggest that you look at Pallaum. However I really like this company because they are well financed (which I believe should be a prerequisite to look at any juniors at this time) with over $2 million in the bank, have very experienced people involved in the company and their focus is in Nevada. They have 30,000 feet of drilling planned on 5 properties which should be starting in a week or two. Remember I work with the company so you must do your own dd. Call me if you want at 1-800-895-2211 or look at pallaum.com. It is tough to predict exactly what is going to happen over the next few months with the junior market however I believe they will recover relatively soon because a lot of juniors have excellent cash positions right now because the market has been good for quite a while. Best of luck and Happy Easter!!

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