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

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To: Rick McDougall who wrote (284)5/5/1997 12:21:00 PM
From: Haq0r   of 835
 
Hi Rick, I like the grades in the east zone ~ .53% If IPJ has copper grades at or higher than this throughout the Phillipene properties, they might be able to sell them. Otherwise it will be hard to attract majors. There are many many deposits in the world that have .30% - .40 % copper. Unfortunately not many companies develop such low grades, with the exception perhaps of companies in Arizona.

I just bought back in to IPJ around noon today. I am rather impressed with the support that this stock has. It has climbed roughly 20% since the initial drop this morning. I only bought based on the technicals but wouldn't be surprised to hear some more good news about the Mongolian properties soon.

Cheers

Haq0r
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