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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE
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To: Brian Gerbozy who wrote (141)6/19/1997 4:30:00 PM
From: tanoose   of 298
 
Hello Brian;

Have patience, these company's cannot perform miracles and fight the tape at the moment.Untill the trend in the VSE changes direction, this is what we have to live with, this is also accummalation time, so if you have some spare cash, don't be afraid to grab some more shares at this price.

There is a certain writer who gives ITF a value of $4.00/sh, if you look at the deal with Barrick, this price level will be attainable, but it will not happen over night.So don't expect the IR people to perform miracles.

Good Luck!!

With regards,Frank
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