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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Bear who wrote (334)6/10/1997 1:10:00 AM
From: Ron Everest   of 835
 
<Could you explain how Pursuit's buying back its shares creates a capital loss?>

I am presuming that they held the shares as investments and had to write them down, could be something else.

<Does Pursuit have the right to acquire an interest in a Java project in Mongolia, as it does in Indonesia?>

My understanding is that IPJ has the back in right only for the Indonesian properties

Best regards,
Ron E.
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