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Gold/Mining/Energy : Panaco Corp (PANA)

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To: T-Lo Greens who wrote (4)	10/9/1997 2:27:00 PM
From: lmw	of 115

Tony No I don't have a large position. One thosand shares like yourself. Tried to find out from Pana at the time of dispute their position on the merger. Got a standard "didn't feel it was in the best interests etc." response. It wasn't terribly convincing. Not sure why the huge volume/accumulation lately. Something seems to be happening. Please post if you come across something. Think Negx could be the better play though. Have a position in that as well. lmw

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