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Gold/Mining/Energy : Pallet Pallet Inc. -- Ignore unavailable to you. Want to Upgrade?

To: terry astle who wrote (375)	12/18/1997 5:35:00 PM
From: wayne cath	Respond to of 451

House Positions for PLT from 12/18/97 to 12/18/97 Ex House Bought Av/Sh Sold Av/Sh Net $Net T 007 Green Line 46500 0.1320000 0.13 26500 -3595 T 009 Nesbitt 26000 0.1415000 0.14 11000 -1490 T 091 CT International 0 0.00 500 0.13 -500 65 T 039 Midland 0 0.00 1000 0.13 -1000 130 T 085 ScotiaMcLeod 0 0.00 1000 0.14 -1000 140 T 019 Desjardins 0 0.00 3000 0.13 -3000 390 T 002 DS 2000 0.1316000 0.13-14000 1830 T 036 Latimer 1000 0.1319000 0.14-18000 2530 Total 75500 0.1375500 0.13 0 0

To: terry astle who wrote (375)	12/18/1997 5:48:00 PM
From: wayne cath	Read Replies (1) \| Respond to of 451

Hi Terry This company is certainly moving in the right direction but when you talk about moving from being an aquisitions company to an operations company the market is not likely to look at that too favorably. Especially with 70 million shares ( approx.) Losses are shrinking but so are the revenues........not sure of all the requirement to cause a share roll back but maybe this is it. Anyway its about time to average down as i'm in at around .50. regards,