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Gold/Mining/Energy : Urban Resource Tech. (URT-Alberta) -- Ignore unavailable to you. Want to Upgrade?

To: X-Ray Man who wrote (281)	1/25/1999 9:58:00 PM
From: Luc Beaugrand	Read Replies (1) \| Respond to of 288

Applies to: PTHR) Panther Resources CEO Gordon Muir talks to The Wall Street Transcript NEW YORK (Jan. 25) BUSINESS WIRE -Jan. 25, 1999--The Wall Street Transcript has published an in-depth interview with CEO Gordon Muir and President Penny Perfect of Panther Resources, Ltd. (OTC BB:PTHR), in which they talk at length about their company's future. Muir states, "Panther's been around for about four years now. We have acquired a very good property in Mexico that is a producing mine, primarily silver with copper and gold. The property right now is at a stage where we're upping the production which currently nets approximately $1.5 million a year to about $3 million net per year. We've had several independent reports about the property. Our plans are to move the property into world class status and that should come together probably in the next two to three years. So we're quite excited about the property and where it's going over the next three six months and the potential over the next three year period. Although it's only a small producer today, our plans are to increase the production to approximately 5,000 tons a day, which would put Panther in revenues exceeding $100 million a year." Looking forward, Perfect asserts, "I think we're going to increase our revenue quite rapidly and that will be the most noticeable thing about Panther in 1999, the dramatic increase in profitability, revenue and the extent of our asset base. During this year, we'll be able to show revenue growth on a per share basis and obviously with strong revenues, that translates into very solid market cap. So I think it's going to be a very positive change in 1999 for Panther Resources, which will be kind of unexpected in the mining industry but no surprise to us." To read the complete interview, go to twst.com. It requires Adobe Acrobat (TM) reader to view the document. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 35 years. The Transcript publishes industry roundtables and interviews with Wall Street analysts, money managers, and Company CEOs, and is read by top money managers, brokers, and individual investors. For subscription information call (800) 246 -7673. -0- jl/ny* CONTACT: The Wall Street Transcript, twst.com Barbara Diliberti, 212/952-7455 KEYWORD: NEW YORK CONNECTICUT INDUSTRY KEYWORD: BANKING PUBLISHING COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com