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Gold/Mining/Energy : Pacific Galleon Resources -- Ignore unavailable to you. Want to Upgrade?

To: John Korven who wrote (413)	11/28/1997 10:44:00 PM
From: gtr	Read Replies (1) \| Respond to of 443

From looking at past trades I have figured out that insiders are using Georgia Pacific and Midland to make their trades. I don't know if they are also using others, they may very well be. I do know that all the selling pressure is from Yorkton. Everytime it seems that the stock can't get any lower, Yorkton comes in and dumps a couple hundred thousand shares a cent lower then before. If insiders are working through Yorkton to sell shares then we are in serious trouble. If not though, I have a feeling that maybe they are just sitting back buying these shares up for next to nothing. The could easily buy 5 or 6 million shares for about $250,000. If this is happening, over time they could accumulate enough shares to totally have control of the company. Enough control anyway to move the price to what ever level they want. Who knows what is going on? Granted, it does not look good. No one really knows what is going on. Insiders could be trading shares from one account to the next just to drive the price down, in accounts that aren't even in their name. Then when someone finally gets fed up and sells at .02 or .03 cents. They nab it up. Who knows? At .02 or .03 cents it is worth doubling your position just in case it takes a little run up to .10 or .11. Who knows? We will just have to wait and see. At this point they are in control, we are just puppets. GTR

To: John Korven who wrote (413)	12/7/1997 9:27:00 PM
From: stevieD	Read Replies (1) \| Respond to of 443

John, Not sure about the amount needed for a reverse split either. It would be nice to think that those buying PFC stock now, know something positive, not just buying at 2 cents and selling it right back for 4 cents. I haven't seen the pattern of the buying these days. My feeling is Brex really scared the pie out of anyone with a few sheckles to invest (or gamble) in the Canadian Juniors. WE may see a bear growling for another year or two(hope not). As for myself, I'll hold what I have until PFC 1) Goes to $10. 2) Goes to oblivion or 3) Is absorbed by another company. PFC is my largest mining stock (sharewise) and used to be pricewise. good luck to us all ..... but don't hold your breadth. ----StevieD