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Gold/Mining/Energy : Alta Gold -- Ignore unavailable to you. Want to Upgrade?

To: Gary Sanders who wrote (713)	4/18/1999 12:50:00 PM
From: RagTimeBand	Read Replies (1) \| Respond to of 749

Some very interesting Alta posts on Yahoo. messages.yahoo.com --------------- Bar4D by: CarsonCityNV 7612 of 7632 Bar4D I was able to find the article in question on the Barron's web site. It costs a couple of bucks to get the entire thing. Here's header and the first paragraph of the article. Hope this helps CCNV Snookered in Salt Lake City How a Major West Coast Utility Was Fleeced Out of Millions By Jaye Scholl 01/11/93 Barron's PAGE 8 ON A late summer day in 1991, 11 senior investment officers of such prominent Seattle companies as Puget Sound Bancorp and Safeco attended a luncheon at the stately Four Seasons Hotel. The scheduled speaker had been Robert L. Wood, chairman and chief executive officer of a small, publicly traded energy company in Salt Lake City called Bonneville Pacific . But Wood had been taken ill, and Richard Reiten, a top executive of Portland General Electric, the smaller of two utility companies headquartered in Portland, Ore., filled in. --------------- Alta Bankruptcy Papers by: CarsonCityNV 7613 of 7632 207.221.188.71 NTS~bk~Start --------------- PRATT INFO....MORE TO COME!!!!!!! by: chuckers_au (M/SPOKANE, WA) 7618 of 7632 BONNEVILLE PACIFIC CORPORATION ANNOUNCES SETTLEMENT SALT LAKE CITY, April 18, 1996 - Bonneville Pacific Corporation, through its Chapter 11 Bankruptcy Trustee (Roger G. Segal), announces today that a settlement has been reached with another defendant (of numerous remaining defendants) in the civil action entitled Segal v. Portland General, et al. now pending in the United States District Court for the District of Utah, Case No. 92-C- 364J. The settlement is with Robert Pratt and provides for payment to Bonneville Pacific Corporation of the total sum of six hundred seventy- five thousand and no/100 dollars ($675,000.00). The settlement is conditioned upon approval by the United States Bankruptcy Court (the Honorable John H. Allen) and by the United States District Court (the Honorable Bruce S. Jenkins). CONTACT: Roger G. Segal, Chapter 11 Trustee for Bonneville Pacific, 801-532-2666 --------------- BONNEVILLE PACIFIC CORP.... by: chuckers_au (M/SPOKANE, WA) 7619 of 7632 BANKRUPTCY INFO.......... bankrupt.com --------------- Bielen purchase, April @0.50 by: TOUJOURSPREST 7622 of 7632 On Friday, April 16, 1999, John A. Bielun, chief financial officer of Alta Gold Co. (ALTA), announced a PURCHASE on April 6 of 10,000 shares at a price of 0.50 per share, bringing his total holdings to 60,000 shares. --------------- Found this on Raging Bull by: dicksimple 7628 of 7632 ALTA bags shareholders. Forget bank runs, investors are running from ALTA and running fast. "I've fallen and I can't get up," sez pratfallen ALTA. Things aren't lookin' good for the junior mining company from Henderson, Nevada. Shareholders turning over company card tables and lemonade is flowing in the streets. Says CEO Pratt, "If you've got lemons, make..." and he smiled. Don't expect ALTA to reopen soon. Chances are better you'll be stuck in ALTA Y2K New Year's Day than an elevator. The elevator is heading for the ground floor and the doors read, "Don't open 'til Christmas." Was that the opening bell or the fire alarm? Shareholders are hot & bothered. That's it for now.