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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE -- Ignore unavailable to you. Want to Upgrade?


To: Intrepid1 who wrote (874)11/11/1998 10:53:00 PM
From: JKNF  Respond to of 1030
 
Yes it is, I hate to admit it, since management at PUG could not botch things up much worse than they have, and basically mismanaged our company at our expense. Putting that aside for now, PUG is extremely underpriced in relative comparison to ACA, PUG has 15% of Buffalo Hills ACA has 42.5%, therefore ratio should be 3-1, however PUG has issued some more paper then weighed us down with repriced employee options, therefore lets say they should trade at a ratio of 5-1, therefor PUG should be around $0.45/share. It's just a matter of time before PUG trades where it should be.

We all have the opportunity to let PUG know how we feel by making the right choices on our proxy vote, let them know how you feel about the various items. I know that I am!!!

Regards

John