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Gold/Mining/Energy : ibi corporation

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To: Gold who wrote (82)	6/4/1997 10:03:00 AM
From: Sergio Ferreira	of 129

Gold and all, I'm starting to like the potential of this company more and more. What I particularly like about the latest release is that John Turner is also a director of Noranda. I originally invested in this company because I saw the potential for them to work out a timber deal similar to their mining deal with Placer. The great thing about timber is that you don't have to drill for it (and you sure the hell can't salt it!!) I once heard that every 1 million acres of timber is worth 500 million dollars. Did you know that Guyana has over 50 million harvestable acres.. hum... Why would a John Turner type get involved with a OTC company ..hum..?!? As a bonus these latest appointments will also make it easier for IBIC to get a listing on one of the exchanges (hopefully the TSE). Sergio

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