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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Ditchdigger who wrote (224)8/29/1997 8:16:00 PM
From: Donald Lickman   of 2742
 
Lickman's Favourite Energy Company.

International Petroleum Corp is a company controlled by Adolf Lundin & his sons Lukas and Ian who have built an empire with mining and petroleum interests.

IPC trades on the TSE: IRP, the NASDAQ and Stockholm Exchanges.

I believe IRP is ready to run much higher based on strong fundamentals and the huge production coming on stream in Malaysia. A very real situation. There are several legitimate independant analyst report available.

The Lundin's learnt a fast lesson on plain and true disclosure years ago and have since excelled far beyond the scope of any junior oil company that I know of. A tough hurdle.

Adolf, Lukas and Ian(is daughter Eva still in the picture or is she still in love with your former drilling engineer), good luck on your takeover efforts on Arakis. I think you'll eventually get it but you need to make a deal with Mr. Rice because he has the power to block it. Let me know I could speak to Rice if you like, I am on good terms with him.

To all: Mr Lundin controls many companies mostly on the TSE, although he cut his teeth on the VSE then got smart. All his companies are very well funded and all have separate mandates. Since the spec stocks in Canada are so low buy a bit of each Lundin company and you'll automatically be diversified into chemicals, Uranium, gold, oil etc.You can be assured your buying into companies that run on fact and not fluff.

Long IRP
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