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Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising

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To: humancash who wrote (3)11/5/1997 4:39:00 PM
From: Ga Bard  Read Replies (2) of 188
 
Here is an email from the company and I asked why it was selling a bit and he informed me that people want the quick buck. In the next ten days news is going to surprise people selling. I have to say as for myself I would rather the week hands get out now. Maybe solid investors that see this one going much much higher like I do will buy in for the ride to unknown prices. I will not post what I think it will go to but I tell you this it is a long term for me.

I beleive news is forth coming in the very near future. Here is the email I got from the company today.

November 5, 1997

Dear Gary,

Thank you for your interest in our IKAR MINERAL CORPORATION project in Tajikistan.

As I have mentioned to you we are currently being touted by several
major governments regarding the purchase of certain mineral bodies
within a 20% area of our 100,000 acre concession.

As I am sure you are aware by now two of the major mineralizations on this property are Tungsten and Iron ore (Pig iron).

We are currently well financed (News release dated October 1, 1997 and October 20,1997). Our authorized shares are 50,000,000 and our issued and outstanding is 16,200,000. Our executive hold a secure position of this I&O amd our financial institutions in Europe.

At this time time an independent study is being done by Kilborn
Engineerig who are on the property. This study should be presented
within the next several weeks and we firmly believe that this report
will concur with the three previous studies on this project. (RUSSIA,
TAJIKISTAN, IKAR MINERAL CORPORATION).

Keep your eyes on our web site www.ikar.com for imminent news.

Sincerely,

Randy Andrus
Chief Executive Officer
IKAR MINERAL CORPORATION

Thanks

GB
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