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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (792)7/9/1999 10:04:00 AM
From: Mission Fishin  Read Replies (1) of 835
 
Apparently Pursuit has entered into a transaction with a company called Regeena to acquire the company's copper properties in the Philippines. Pursuit could recover a significant amount of capital on the transaction over time if this deal closes. Lets see what they say.

I expect that their properties have merit but with gold at $260 and with turmoil in the country, I believe it will be difficult to see anything immediate.

At $0.25 Pursuit is dirt cheap. It has a market value of some $6 mill US. A stock investment site as interesting as stockSet that is highly automated and has real value could make the stock seriously undervalued. Comparable sites have valuations into the tens of millions of dollars

Pursuit looks like a good bottom fishing candidate - Stay tuned
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