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Gold/Mining/Energy : Pioneer Metals (T.PSM) -- Ignore unavailable to you. Want to Upgrade?


To: violet peterson who wrote (207)8/20/1999 9:20:00 PM
From: violet peterson  Read Replies (1) | Respond to of 502
 
Hi Everyone
Was just looking thru some of the financal statments on Pioneer Metals and can't believe some of the investments that are been done.
They bought 250;000 shares of Britannia Gold Corp. at a book value of 250000 dollars and now have written this down to 22'000 dollars [ hard to believe[
Pioneer Metals have now as an investment bought Wolfden Resoures [500'000] shares at a book value of 100'000 dollars and are presently listed at 26 cents .
Something doesn't add up when people are doing things like this with your monies.
Maybe Mr. Sorenson is not the man for the job.
Good Luck//