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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (8280)12/27/1997 10:08:00 AM
From: Bill Jackson  Read Replies (2) | Respond to of 14627
 
Yes, at 8 cents that could be a real winner, I am going to put $1000 into it. That should get me around 12,000 shares, and I will put them away for a while.

Bill



To: Mr Metals who wrote (8280)12/27/1997 10:13:00 AM
From: Quinn  Read Replies (1) | Respond to of 14627
 
To All and Off Topic, but of interest as it applies to the other activities of CMS:

"

Zen International Resources Ltd
ZQP
Shares issued 10422367
1997-12-23 close $0.8
Wednesday Dec 24 1997
Ms Catherine McLeod-Seltzer reports
The company has received a final legal opinion from its Chinese counsel,
allowing it to complete its acquisition of the 75% of the shares of the private
Belize company Zen did not already own. The acquisition had been formally
completed on November 7 1997 pending receipt of the legal opinion regarding
Zen's principal projects. This acquisition of the final 75% of Zen China was
effected by the issuance of 26,695,414 shares of Zen to the founding
shareholders of Zen China.
Zen's ownership of 100% of Zen China maximizes its exposure to that
company's assets, including its right to identify exploration and mining
projects available for joint venture in the People's Republic of China and to
negotiate positions in large mining projects. These assets include a 50 to 85%
interest in the Zijinshan gold/copper porphyry deposit, containing an
estimated resource of 3.4 million ounces of gold and 1.7 million tonnes of
contained copper metal.
In order to reflect the new ownership of the company's capital, Zen has made a
number of changes to its management. Mr Lee Mun-Kit, a founding shareholder
of Zen China and the individual largely responsible for assembling Zen's
project portfolio, has been appointed the president of Zen, following the
resignation of Ms Catherine McLeod-Seltzer from that post and has also been
appointed chief operating officer. Ms McLeod-Seltzer remains chairman of the
board of Zen and CEO and will continue her involvement in the company's
financing, corporate development and administrative activities. Mr Peter Apps
has been appointed as a director of the company. Mr Apps, a financial
consultant from Sydney, Australia has been involved in the banking industry,
including mining project financing, since 1982.
"

It's fairly obvious PFG is getting nowhere near 100% of her time as company President.