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

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To: Donald Lickman who wrote (453)9/25/1997 10:28:00 AM
From: Donald Lickman   of 866
 
Fletcher Challange Energy NYSE:FEG now trading over $45.(more than doubled in 60 days) on the back of the Mangahewa Find in New Zealand.

INDX's holdings, immed. beside Mangahewa, was written up in this weeks issue of the International Oil Letter.

FEG has added $1.5 Billion in market-cap just from the one well to over $3 Billion. INDX has a market-cap of only $100 million. One could have some exciting & wild dreams when INDX drills their target.

I'll bet a major is dealing on INDX's project as we speak.

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