August 14, 1997
Indo-Pacific continues to strengthen its exploration portfolio in the Asia-Pacific region and is continuing with active exploration and delineation of drilling prospects.
The company is now approaching the drilling phase in all its permit and license areas in this profitable oil and gas production area. Drilling is expected to commence before the end of the year.
The next day, Aug 15, Indo put out the news of immediate drilling in which the drilling was already under way, and not on any of their concessions. This is just an assumption, but why did they not put this out the day befor in AUG, 14 release. The prior paragraphs was the news put out yet there was no drilling to be done until 1998 from that release, yet states drilling to begin before end of year. I have ask several times what is suppose to be drilled by end of year. NO ANSWER.
I did some checking and Peter Loretto, Guidi, Holland, all were past directors of a company called consolidated cyn-tech, in which INDO-Pacific had a jointt venture with and these men were directors at one time or the other. Durum was also in there and TOP. Again all three were inside traders, directors, and now the company is not listed (CCN.V). I personally am starting to think that a lot of shanigans are being played, the more investigaton I do. Like Joe stated,these men (and some women were listed with the same last name) had some trading with CCN. I went to canadastockwatch and DUE, INDO, TOP, and CCN all had GUIDI. LORETTO, HOLLAND listed. What happened to CCN and the joint venture with INDO. What happened to CCN?
Mr. Guidi, can you answer these questions please, getting tired of asking, I call and you are either busy or not there. If you are not available please have someone there who is able to answer these questions. You are the one who stated " We should do some investigation" Just wanting to know some valid important information that YOU have answers too. |