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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)
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To: Donald Lickman who wrote (508)11/25/1997 6:34:00 PM
From: John Sanz  Read Replies (1) of 866
 
Price today closed with almost no change. However, there were 1.44 million shares traded. Any idea what is going on? I tried to call INDX office, but no luck.

It'd seem like somebody is buying cheap. Maybe exercising some Options?
If insiders/friends buy at this level, we know what is next. A few news releases and price goes up for a while.

If anybody gets any info. from INDX office, please post.

Thanks.
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