Thomas and Rick: NEWS RELEASE
This bodes well for IPJ. Note that it had a 15 cent rise today to $1.65 on relatively small volume. It showed signs of life yesterday as well when it rose 10 cents. Management must be very confident of the values that are present in their lands. I am still curious about Sebuluh, sounds like an old story, but I am still confused about the reasons for IPJ taking over DAYK. Time will tell, that is why the issuance of the seventh generation COW's is so important. They will be able to do the drilling and reporting for the Sebuluh Fault and/or any of their other Indo properties. I know Rick, the Indo scene is still tough, however, the Indos cannot afford to make another mistake with the jrs, that is my view. The Mongolian scene should also perk this stock up.
Best regards,
Ron E
IPJ International Pursuit Corp -
Stockwatch Bulletins:
1997.09.03 09:03 Normal Course Issuers Bid
1997.08.27 15:07 Second quarter results
Close prices:
1997.09.03 T 1.65 1.51 1.65 +0.15 97050
1997.09.02 T 1.60 1.37 1.50 +0.10 91632
1997.08.29 T 1.45 1.40 1.40 -0.03 33033
1997.08.28 T 1.43 1.37 1.43 +0.03 43060
International Pursuit Corporation IPJ
Shares issued 23,673,172 Sep 2 close $1.50
Wed 3 Sept 97 Normal Course Issuers Bid
The TSE has accepted a notice of intention from International Pursuit to
make a normal course issuer bid to purchase up to 1,426,000 common shares,
being less than 5% of the common shares issued as of August 14 1997.
Purchases will be made on the open market through the TSE. Purchases
pursuant to the bid may begin September 4 1997. The bid expires no later
than September 3 1998.
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