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Gold/Mining/Energy : Pallaum Minerals (ASE:PLM)

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To: Buckey who wrote (336)3/13/1998 2:14:00 PM
From: Lloyd  Read Replies (1) of 536
 
The trade of 50,000 shares at .80 was an arranged trade. The trade was done because a significant financial person wanted to start and get involved. The seller was another investor who was prepared to sell in order to get this guy a starting interest. Stan Ford was not the seller of the shares. I hope this clears things up as he is very excited and optimistic for the year ahead for us.

If anyone has any questions, please feel free to give me a call at 1-800-895-2211 or e-mail me at mcrowther@pallaum.com.

Thanks,

Mark Crowther
Pallaum Minerals Ltd.
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