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Gold/Mining/Energy : Pallaum Minerals (ASE:PLM) -- Ignore unavailable to you. Want to Upgrade?

To: Lloyd who wrote (472)	7/29/1998 6:23:00 PM
From: gtr	Read Replies (1) \| Respond to of 536

Thank you Mark for the update!! It is nice to hear that the money from the financing has come in. I have seen these things re-priced far too often to feel confident with them. How did the meeting go with Falconbridge today?? Anything to report there?? You said that you understand that the work in SVB is progressing well, can you expand on that?? What exactly does "progressing well" mean??? Are the results so far encouraging or is the work just getting done and nobody has a clue whether it is good or bad?? I understand that the drill holes from 1996 were not drilled in the place they were supposed to be because they could not secure the drill, does this mean that the original targets that were unable to be drilled were never drilled?? If so, what happened to them?? By reviewing past NR's it seems the companies were very excited about the targets they had identified in '96 through geophysical work, are there any plans to drill those targets or are they no longer any good?? As for Nevada, what previous work was done on the "W" property?? Also, realistically, what are the chances of drilling taking place on either the "Bullion Mountain" or "CVP/CVP Wedge" properties this year?? Will it only be done if a JV is completed or will PLM undertake that themselves?? If I could make a suggestion, maybe you could have Pallaum's website updated with any new info concerning the properties. I feel it would be appreciated by all shareholders!! GTR