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Microcap & Penny Stocks : Panther Resources Ltd. (PTHR NASD BB) -- Ignore unavailable to you. Want to Upgrade?

To: Luc Beaugrand who wrote (405)	7/29/1998 9:18:00 AM
From: Alan Whirlwind	Respond to of 618

geocities.com

To: Luc Beaugrand who wrote (405)	7/31/1998 3:46:00 PM
From: JRB	Read Replies (2) \| Respond to of 618

It doesn't look good. I did hear they have a new geologist at the site. I don't know about the hype they are giving. They have been proving this vein for months now, and it's always they are this rich vein, but it never goes any further. It looks like the same as the past, try to get people to buy, then PTHR sell shares on the hype to operate. It still comes down to the people running the company are stock promoters, not managers. I will throw something out that is interesting to me. Look at the number of shares sold out of the company and approximate prices. It would seem that there has been more than 5 million US dollars worth of stock sold. If that is the case, and the people I have talked to said the company could not have spent more than 1 to 1.5 million spend on exploration,and less than a million on payments, where is the rest of it? I did see that it is an off shore company in the Cayman Islands. Nice loose banking rules. Does anyone come up with something different? What are they doing with the rest of the money?