Pallet Pallet Inc. Message Board

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Gold/Mining/Energy : Pallet Pallet Inc.

PPAL 60.10

0.0%

Nov 7 9:30 AM EST

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To: marcos who wrote (251)	5/21/1997 10:55:00 PM
From: Quick Bucks	of 451

The "termination" of negotiations kind of took me by surprise. I might call up their PR tomorrow to see what's up. I guess you guys might be right in saying that they're probably just trying to get the best possible line-of-credit terms with other banks. Perhaps Canadian banks are offering a better rate than the US bank. It just annoys me that management never mentioned that the Bank of America 25Mil line of credit was still being negotiated... we all assumed that once the 3-4mill cdn$ was raised then the line was secure. This can be taken as positive or negative news. We'll see the market;s reaction tomorrow. I also wished that management would disclose more details about the company's finance instead of just inssuing a 74 word brief (but to the point) news release! my 2 cents

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