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Gold/Mining/Energy : Princeton Mining Corporation

PMC 29.25

0.0%

Dec 8 4:00 PM EST

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To: Lee Matheson who wrote (5)	10/28/1996 11:20:00 PM
From: Benjamin Rashcovsky	of 73

Lee, it looks like I will be waiting for a resurrgence in copper prices. Fortunately, it does look like there is some renewed interest in PMC. Volume has been approx. 275,000 for the last two days, yet price remains horizontal in the .29 - .31 range. It does seem that my only holdings not reacting to the low interest rate frenzy are mining juniors. Any thoughts on when a recovery may occur for PMC? -30-

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