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Gold/Mining/Energy : PN - Pelorus Navigation partner with Honeywell -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Grennan who wrote (62)	3/16/1998 9:53:00 PM
From: Bulltrout	Read Replies (1) \| Respond to of 115

Just for information, I was watching CNBC and the CEO of Honeywell announced that they will be receiving Commercial acceptance of their satellite landing system within two weeks and it should help out pelorus in the short term at least. Anyone with further information would be a great help.

To: Wayne Grennan who wrote (62)	4/22/1998 10:12:00 PM
From: Step1	Read Replies (1) \| Respond to of 115

Wayne, I thought you said you lived near the co's headquarters... I am not sure but I thought I saw you mentioned you lived near PN's main office in YYC. Or you knew them when you worked at YYC Int'l.... Are you hearing anything on your side? Things can't be all that bad or can they...? Obviously some very smart money moved out of PN when or about the time that the FAA came out with a report that they no longer trusted Satellite Nav systems as the sole means of nav because of its vulnerability to jamming etc... What else are these guys not telling us? The new CEO didn't help perhaps? Any comments? The chart looks ugly and I reckon it is going to go back to 1.50 unless some major announcement comes out. later sg