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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (764)6/15/1998 7:46:00 PM
From: Bill Story  Read Replies (1) | Respond to of 43774
 
A dollar by when, any ideas? I know that it would
be speculation, just want a general idea?

Bill



To: myturn who wrote (764)6/15/1998 9:13:00 PM
From: JeffreyP  Respond to of 43774
 
Looking at the surface numbers, the valuation of the property would support the Co at 160 Mil ($1 / sh) and (I believe I read earlier) that the loans would be backed (to coin a bond phrase) by the full faith and credit of the Belize Govt.

Now on the surface a third world country posting that type of response wouldn't spark my interest at all. Belize however has been an up and coming newer attraction of tourists.

Given that there is a strong interest in the country, this whole thing may play out very well for the investors.

Glad to hear we're on the same wavelength.

I'm a little hesitant to post very strong positive opinions on the thread for fear of having the pump-n-dump crowd join us.