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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: Donald Lickman who wrote (414)8/29/1997 8:46:00 PM
From: Donald Lickman   of 866
 
Lickman's Favourite Energy Company.

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

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

I believe IRP shares are ready to jump in monumental proportions based on strong fundamentals and the huge production coming on stream in Malaysia. A very real situation. There are several legitimate independent analyst report available. Technical signals on the trading pattern are also compelling.

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 but those who learn early come out the winner.

Adolf, Lukas and Ian(I don't know if Eva is still in the picture, she fell in love with Adolf's 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 I am buying a bit more of each Lundin company. If you do 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.

Currently trading around C$6.30 See SI Thread
Subject 3372

Since IRP is mostly held by institutions you won't find much action on this thread. Maybe we can start a discussion? Call the company in Vancouver, Geneva or Dubai

Long IRP in a big way. Hope you all find this info useful
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