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Gold/Mining/Energy : Pioneer Metals (T.PSM)
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To: Mr. L. Neufeldt who wrote (8)8/28/1997 5:27:00 PM
From: violet peterson   of 502
 
Hi Mr. L. Neufeldt
No Pioneer Metals does not have any income. At the present time Pioneer has 4.5 million working capital and two properties. One of the properties is in northern Manitoba called puffy lake 'this property has a mill on site. The other property is in northern sask which has colbalt on it . A news release just came out today 'in which it was stated that the coe. of the co. Mr. Sorenson has accumulated one million shares of the co. under his holding co. This last week has seen the price starting to firm up.
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