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Gold/Mining/Energy : V.PVM - Pacific Vangold Mines -- Ignore unavailable to you. Want to Upgrade?


To: J.C. who wrote (195)3/9/1999 12:34:00 AM
From: Intrepid1  Respond to of 198
 
J.C., PVM has just seen four and half years of hard work go down the toilet when AVMIN pulled out of Uganda after drilling only 4 tiny holes in an area the size of Vancouver Island. Avmin had planned to spend US $7 million US instead they spent only $1 million and pulled out. Avmin has been financially battered by historically low copper prices and the weak gold price.

It probably is not easy to stake and maintain such vast mineral concessions in a third world country. PVM and two minority concerns once again control 100% of these properties and PVM is most likely to give it another shot.

There is no excuse for PVM not returning your calls but right now what can they tell you?

etc.



To: J.C. who wrote (195)4/22/1999 3:05:00 AM
From: Intrepid1  Respond to of 198
 
J.C., looks like PVM is hanging on to its Timmins Properties (the ones with the apparant good targets).

Pacific Vangold Mines Ltd -

Pacific Vangold, East West and Cdn Golden
Dragon revise option agreements

Pacific Vangold Mines Ltd
PVM
Shares issued 12,563,412
1999-04-14 close $0.04
Thursday Apr 15 1999
Also International Dunlap Minerals Corp (IDZ)
Also Canadian Golden Dragon Resources Ltd (CGG)
Also East West Resource Corp (EWR)
Mr. Dal Brynelsen reports
Further to news in Stockwatch Nov. 2, 1998, East West
Resource Corp. and Canadian Golden Dragon have agreed to
revisions to the option agreements on their Timmins property.
East West has agreed to payments and work commitments
pushed back to the year 2000, provided property payments of
$2,500 now and two payments of $5,000 will be made on
Aug. 31, 1999, and Dec. 31, 1999. Canadian Golden Dragon
has agreed to reschedule its option payments with $5,000
payable now and $18,500 payable Oct. 15, 1999.
International Dunlap has been unable to proceed with the
option agreement as as described in Stockwatch Sept. 9, 1998.
Therefore, this option agreement has been terminated by
mutual consent. The company is in discussions with the owner,
with respect to rescheduling option payments on the
Huancapon property in Peru.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com

I'm just hoping this isn't as good as it gets. <g>

etc.