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Gold/Mining/Energy : International Canalaska (V.ICA)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: alan von weiler who wrote (599)9/23/1997 12:49:00 PM
From: J.P.Campbell   of 891
 
Alan, January Effect has yet to hit

It's not really surprising that ICA fell of the table.

1.VSE is sinking,speculators have left to flip TSE mutual funds,more upward action.
2.Money is running out at VBE-1, 2 drillholes cancelled,only 1 hole left and no sign of troclodite.
3.INCO getting hammered,natives and Govt.are trying to strip the profits before the mine even starts. Mine delayed.
4.No good news for ICA from Panama,ITF,Mexico,etc.

If you are still long ICA you better pray that Falco exercises their option on VBE-1 in December. Looks like a good time to average down if you have the kohones.(always bad advice according to experts).

If you can stand that nervous feeling in your gut you're a natural speculator.(g)

Best of luck, John
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