Palmer Resources Ltd. (PMD.V) | Stock Discussion Forums

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Gold/Mining/Energy
Palmer Resources Ltd. (PMD.V)

An SI Board Since September 1996

Posts	SubjectMarks	Bans	Symbol
210	2	0	PMD

Emcee: Ross Mickey	Type: Unmoderated

Introduction Market Data Compact

Anyone know about this company?

palmer-ind.com

July PR
EXPLORATION UPDATE

INDONESIA - Cibaliung Gold Project

Detailed exploration of the Cikoneng prospect has commenced and will involve geological mapping, gridded auger
geochemical soil sampling, trenching and rock-chip sampling and/or overburden drilling, and geophysical surveys with the
specific objective of delineating diamond drilling targets by October.

Earlier selective rock-chip sampling of typical colloform - banded, low sulphidation epithermal gold mineralization at Cikoneng
by PT Aneka Tambang, the KP holder, returned assay values as high as 258.04 grams per tonne gold and 997.6 grams per
tonne silver. Recent petrological studies have confirmed the presence of electrum, the naturally - occurring alloy of gold and
silver.

VIETNAM - Exploration License Applications

All the approvals necessary for the two Exploration License Applications for copper cover 400 sq km have now been filed
with the Ministry of Industry. The new Mining Law takes effect on the 1st of September 1996, and these two applications are
expected to be granted shortly thereafter, thereby allowing a multi-stage exploration program to commence immediately.
Several other precious and base metal prospects are currently under preliminary exploration.

PHILIPPINES - Penzaval Chromite Project

Geological mapping of the 11 chromite occurrences is now well advanced and detailed mapping of Area 1 will be followed by
some check drilling of the 1986 results, deeper drilling for additional resources and preliminary drilling of the other
occurrences. Recent trenching has revealed additional chromite that will increase the size of the resource. Platinum group
element exploration is proceeding over soil anomalies detected by the Metal Mining Agency of Japan in 1992.

Golden Cross Gold-Project

Geological mapping, rock-chip orientation and stream sediment sampling is now proceeding with check assaying planned for
earlier sample sites. Wide areas of silica-clay-pyrite alteration have been noted and are being followed-up.

Best of Luck,

Ross

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
210	Thanks for the info	Bob Parker	-	1/24/1999
209	Before swap LLL will have reverse split. so ration will be maintained. 2:1 a	yosi s	-	1/21/1999
208	Just got the special meeting notice. Can't find anything in it about the ne	Bob Parker	-	1/21/1999
207	The shares of PMD,LLL, TBD, and IND are all pointing down . There are no bids	The Barracuda™	-	12/11/1998
206	Placer made a decision to take into production large mines. They have a huge	yosi s	-	11/12/1998
205	This is noble, two companies in trouble, trying to make the best of it. Is Plac	Elizabeth Andrews	-	11/12/1998
204	From Palmer: Palmer has $5,000,000 Canadian in cash. Palmer has 2,000,000 sha	The Barracuda™	-	11/10/1998
203	I would suggest to consolidate the Threads LLL and PMD. Great prospects. Best	yosi s	-	11/10/1998
202	Apparently they did a financing in 1997 and as of Nov 97 had about $10 million	Amit Ghate	-	11/10/1998
201	What? There's no way. I must be really out of it if that's true.	The Barracuda™	-	11/10/1998
200	They had $10 mil in the bank not so long ago. Money would have been spent to su	Gary	-	11/10/1998
199	Fine. But what I wanna know is where did PMD get $7,000,000? Maybe NEWCO is g	The Barracuda™	-	11/10/1998
198	The way I got this is as follows The property owners, 2 individuals get 3 m	yosi s	-	11/9/1998
197	I will.	The Barracuda™	-	11/9/1998
196	In this release, there is some financial kung Fu that I don't quite underst	The Barracuda™	-	11/9/1998
195	Thanks let us know what they have to say. A few days like today and one may m	yosi s	-	11/9/1998
194	You win. I'll call PMD tomorrow and see where the $7MM is coming from.	The Barracuda™	-	11/9/1998
193	my understanding is that the cash was coming from Palmer. They do not file in U	yosi s	-	11/9/1998
192	From today press release Newco's assets will consist of the Cerro Crucitas	yosi s	-	11/9/1998
191	Yosi a: I am looking at the release now and see expenditures in that amount b	The Barracuda™	-	11/9/1998
190	They paid 1 million today. news release today stated they got 7 million in work	yosi s	-	11/9/1998
189	Palmer has about (now) $2,000,000 in cash. They do have about $2,000,000 in sh	The Barracuda™	-	11/9/1998
188	this is from PDG news release on their web page. Placer Dome to Sell Interest	yosi s	-	11/9/1998
187	I know little about PMD but per news release they have 7 million of which 3 mil	yosi s	-	11/9/1998
186	Yosi, I don't know if you are related to Yoda of Star Wars but - you are	Bearcatbob	-	11/9/1998

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