Int'l Pursuit (T.IPJ) Message Board

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

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To: Steven Lolas who wrote (224)	4/5/1997 10:21:00 AM
From: Ron Everest	of 835

Thanks for the post: I have just read in "Strategic Investment" (Jim Davidson and Rees-Mogg) that their "latest" recommendation is IPJ. I am going to phone IPJ on Monday to clarify some points as SInv states that IPJ has entered into a 50-50% JV with Barrick to explore Pursuit's land package. I thing this is erroneous as they have a jv deal for 3 COWs in east Kalimantan only by my understanding. The article was very low grade as it did not cover latest developments nor did it even mention Hinoba-an. While it is possible that IPJ has further JV's, it is very unlikely that they would do so without a press release. Best regards, Ron E

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