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Gold/Mining/Energy : SHOW ME THE MONEY

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To: Stox who wrote ()	4/11/1997 10:11:00 PM
From: Terence Mitchell	of 75

Hi Eric, I have held INDOMIN for quite awhile and it recently got side swiped by the Bre-x/Indonesia connection. A research report out today by Yorkton (who I don't trust) but have the facts available, illustrates the potential for this company. It is close to production for diamonds but has long been perceivd as a gold play due to the Busang propery adjacent to Bre-x. My own holdings go back over a year and after they received their COW I added to the position at around $5.50, just before the day of infamy. I fully intend to hold and at these levels find it to be an attractive buying opprtunity on an oversold situation. Normally I do not like to average down, this is an exception to that rule, I fully intend to. 1. Shares outstanding; approx 21,500,00 2. Cash on hand (last time I checked) $25,000,000 approx $1.15/share 3. 52 week high $8.00 4. 52 week low $2.25 5. Close Fri Apr 11/97 $2.33 the information covering all details is in a post I added today at; techstocks.com regards, Terence Mitchell

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