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Gold/Mining/Energy : Palmer Resources Ltd. (PMD.V)
PMD 2.2100.0%Aug 11 9:30 AM EST

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To: Tom Drolet who wrote (143)7/5/1998 10:14:00 PM
From: Gary  Read Replies (1) of 210
 
Whatever happened to the geat Vietman Copper Project? Why is there not any kind of an update on that?? Has it been abandoned?? What stage of exploration are they at?? If appropriate, what about a map showing how the strategy has changed if it has??
Most news releases focus around re - pricing of options and warrants. Is this kind of behavior appropriate for management ?? It seems to me management is supposed to be acting in the best intersts of ALL shareholders.
The issue of warrants in the first place is great but if they expire and the price isn't up enough to exercise them the new ones should be issued to ALL shareholders and not just extended to the few who got them in the first place. We all take risks but why should some have them mitigated and we regular shareholders be left out? Is this an issue to be raised with the V.S.E.regulatory authorities? They may have approved it but this still doesn't make it right!! Holding at a loss and wondering why some are getting preferred treatmemt. I'm sure the Company monitiors this thread so let's hear how they can explain this away.Pease don't tell us you are just extending them to raise money and these originals were here at the start etc. ect.Please stick to the facts.
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