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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE

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To: L. Penner who wrote (107)5/22/1997 1:42:00 PM
From: tanoose   of 298
 
Hello L.Penner;

The markets to-day are offering the informed investor some very inticing opportunities to take advantage of now for great profits to be had from six to eighteen months from now.

As someone mentioned earliar, this deal won't light this company up at the moment, but as investor awareness gets out, the potential for ITF to appreciate in value far out weighs the risk, that it offers for entry at these price levels.

As I was told about a similar situation last year, this can be considered a "safe and undervalued stock" that one can take advantage of to-day, in light of what has been happening with other situations in the markets.

There is still "blood on the streets", now is the time to buy the companies that have the goods, ITF has shown that, and they weathered the Bre-X storm very well, with their share price holding up throughout that storm.

The above is my opinion only, I'am a shareholder of ITF, and if I can dump some of my dogs, I will be adding to my position, because at these price levels, there is a great opportunity for profit with minimum downside risk....!!!!

With regards,Frank
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