Indo-Pacific Energy Ltd. (INDX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tami who wrote (522)	12/2/1997 3:53:00 AM
From: Donald Lickman	Read Replies (2) of 866

Tami, Fletcher Challenge Limited is a huge New Zealand based company and is the largest company in NZ. Their energy division (FEC) is also NZ based but control a CDN sub. The shares Fletcher Challenge Energy trade in the form of ADR's on the NYSE under the symbol FEG. Last I looked it was US$40. The current market-cap of FEC is around $2 Billion. INDX's in comparison is around $90 million indicating room for major growth given the magnitude of the assett's they hold. Big picture stuff. As I see it INDX has done what the big boys in Houston have dreamed of doing for 30 years. I am accumulating a significant postion after watching this for about the last 2 years. I have met Dave Bennett(the technical brain) and have had conversations with Chairman Guidi(the money man) Lickman

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next