IBI CORP IBIC (CDN) Message Board

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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: Chris K. who wrote (357)	11/22/1999 5:27:00 PM
From: Elizabeth A Rice	of 422

Sounds like things are moving forward..this sale brings some needed money into the coffers. They own 25% interest in the teak plantation with no debt there. IR will be sending out some info to investors this week and I've heard that the web site should be up soon. The licenses in Uganda have been renewed so that gives IBI some breathing room for financing. Things seem to be a little less bleak.

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