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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Bear who wrote (323)5/30/1997 2:41:00 AM
From: Ron Everest   of 835
 
I agree with most of your comment. They drilled Dayak Sebuluh fault, 6 holes and a few other holes on the IPJ ...L-N project east of the Dayak Sebuluh fault area. They were also trying to acquire the additional 5 km of the fault line that they didn't already have. This tells me that they have hit something real good on this fault line. They are entertaining potential jv's on three other areas of central Kalimantan (Sibau, Jurassic and the Mahakans E&W) but are not breathing a word about the Sebuluh Fault work.

Perhaps we will see some action due to Mongolia. We do know that the CU property in the Phillipines is worth more than the stock is trading for right now!
which gives shareholders the cash, Mongolian play, Kalimantan play and their interest in JVAG FREE.

Go figure. One would think that some news to illustrate these factors would be in order. I plan to hold as the value will eventually be reflected.

Best regards,
Ron E
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