Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tom eland who wrote (341)	2/29/2000 10:31:00 PM
From: violet peterson	Read Replies (1) \| Respond to of 502

Hi Tom You might be right Tom it's anyones guess. The news release today said that they are how drilling close to there Puffy Lake property in Manitoba. Maybe some one can remember' but I think in 1986 when Pioneer Metals were fully active at the share price was around twenty six dollars. Pioneer metals made a big mistake at that time when they started up there 500 ton a day mill and found out that because they had not did enought development before hand they were not able too supply the mill with enough ore. This time when the mine is reopened my understanding is that they will drive a series of upper and lower drifts and use the long hole machines to do the drilling and blasting this time. The gold there is good grade but lays in a wave pattern' that being the reason for the use of the long hole machine. Well to cap things off we know that there is gold there and that there is a 500 ton mill sitting on the property'and at this moment they are getting ready to drill. If the Manitoba Goverment kicks in a little monies I would not be surprised to see Pioneer start up again. At this time Pioneer has lots of iron's in the fire . The price of the stock is very cheap 'for all the activity that is taking place. Good Luck