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Gold/Mining/Energy : Pioneer Metals (T.PSM)
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To: violet peterson who wrote (14)3/16/1998 11:00:00 AM
From: Matthew J.  Read Replies (1) of 502
 
I called Pioneer Metals on Friday and talked to the corp. secretary. There are two full time people on staff who have been very busy lately. They make extensive use of consultants which works out well for them because they can selectively hire the best geologist expertise in the business. Mr. Sorensen is very careful how he is spending the companies money. I met him a few years ago and trust his abilities. I don't believe he manipulates or hypes the stock. The utem survey to isolate graphic conductors has taken longer than expected. I view this as positive. They are just finishing up out there and it will take 2-3 weeks to fully process the data. I asked if they would be drilling and he wouldn't say yes or no. Time is against them as spring is comming. I'm in big on this one and have been accumulating since I heard Mr. Sorensen was increasing his position and that it was on Kaiser's list. I figure sooner or later this co. is going to get a break.
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