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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: ColleenB who wrote (17134)11/3/1998 1:09:00 AM
From: jhild  Read Replies (1) of 43774
 
Here is the link to the Channel 5 coverage of Mitch. There are a number of pictures there of the storm's aftermath. It appears that they were blessed to be on the right side of the storm's center. Even at that though it looks like they had about 19 inches of rain.

channel5belize.com

News of a possibly good nature for PRWT are these comments from Said Musa, the Prime Minister about the need for developing a satellite city in the Boom/Hattieville area. It would certainly bring services closer to Lagoon Ridge Estates.

"Well it clearly underscores our plan, that there's clearly a need for a new satellite city other than continuous building in Belize City. That's what I understand the Minister of Housing has been concentrating on -- for us to design a well planned city on the suburbs whether it be in the Boom/Hattieville area or mile eight. Certainly we'll be planning these satellite towns well planned with necessary infrastructure: with proper electricity, drainage, water, telephone. The whole infrastructural needs would be catered for in these new suburban developments."

Of course even better news will be the release of audited financials, eh?
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