Indo-Pacific Energy Ltd. (INDX) Message Board

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

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To: John Sanz who wrote (509)	11/25/1997 9:01:00 PM
From: Dan B. Brockman	Read Replies (1) of 866

Very clever these people...The chart that the IREMCO office faxes you upon demand cuts off the volume table y axis scale at 200,000 shares so you can not see the full scale of the trades. I would agree that somethings up. That volume is someone or persons in the know taking a position. The sellers are the dummys or market makers or possibly some other big holder type firms. They could also be starting a campaign among themselves to build up the volume for promotional purposes. Recent data from my Fidelity Select Energy Service fund states that there are 900 international drill rigs (about the same as in the US) and that is up from 890 last year. All busy no doubt...

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