To: Buster who wrote (98 ) 4/24/1998 12:16:00 PM From: Buster Respond to of 618
Here is the latest email from the company. >Dear Panther Pride, > > > > I wanted to comment quickly on our recent and continuing rise in > >share value. > > > >We have had some dramatic growth in stock price over the last couple > >of weeks, and more specifically, the last few days. We started > >Tuesday at US$.37 and ended trading Wednesday at US$.65. Today ended > >we touched US$.93 before settling at US$.77 !! Just two weeks ago we > >were trading at US$.25 while offering investors facts, data and > >real development plans as a cue to buy our 'undervalued' > >stock. A shareholder with the company is also a founding partner and > >manager of a fund with US$14 billion in equities. He is speaking > >positively of Panther to others in the industry. The March 5th > >Global Securities report on our company put a 'BUY' recommendation on > >us with a target price of US$1.25. And we still think that is much > >too conservative. > > > >We are currently in discussion with Jaime Guinea about renegotiating > >our purchase agreement. Let me add that the former owner, Mr. Jaime > >Guinea of Cia Minera Humaya S.A. de C.V., has been enthusiastically > >supportive of all our activities to date. We are expecting some > >official news next week. > > > >Here is some quick trading data: > > > >Trading Volumes > > > >Feb - 3,968,000 > >Mar - 5,503,300 > >Apr - 4,297,600 (as of end of trading on the 22nd) > > > >One week price movement > > > >Wed 15 - $.30 (vol. 330,800) > >Thu 16 - $.31 (vol. 269,900) > >Fri 17 - $.36 (vol. 509,500) > >Mon 20 - $.37 (vol. 109,500) > >Tue 21 - $.49 (vol. 383,100) > >Wed 22 - $.65 (vol. 650,000) > >Thu 23 - $.77 (vol. 708,000) > > > >I'll also mention that we are in the home stretch of proving a > >reserve worthy of taking production from 200 ton/day to 3000 ton/day. > >And silver prices are just getting warm... > > > >If you need any additional information about the company, email us and > >we will do our best answer any questions. > > > >Best regards, > > > >Tony Canzi > >Investor Relations Director > >Panther Resources Ltd. > >tcanzi@pthr.com