IDCN - gold, garnet, etc. Message Board

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Microcap & Penny Stocks : IDCN - gold, garnet, etc.

IDCN 0.00001000

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Mar 6 3:00 PM EST

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To: VBroady who wrote (5737)	6/12/1999 6:50:00 PM
From: c.horn	Read Replies (2) of 5908

Alberta Gas Update June 12th.... We have several projects in the works and all previously announced projects are still pending. Several legalities are being worked out with the various parties. Our 50% interest in Heart Lake is still pending but trouble with the other 50% holders has slowed the process of moving forward this season. There are no bureaucratic delays as some would expect dealing with the various government agency associated with the First Nations lands, they have been excellent to work with. A deal with non-First Nations gas supply in Alberta is about to be completed with a co-generation of electricity as the main thrust of the project. This is an existing gas production and can be moved along immediately, as we would not have to drill and gather the gas prior to setting-up the generation station.

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