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

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To: Donald Lickman who wrote (523)12/2/1997 11:46:00 AM
From: Tami  Read Replies (1) of 866
 
I do realize that Fletcher is a large company. The Canadian connection was an error, sorry. Furthermore, I consider the Indo/Fletcher joint venture the most solid/honest element I have seen for a long while from Indo. Perhaps I didn't make my actual objection very clear. I will attempt to restate it. The amount of insider trading that has gone on in Indo, Guidi for one, over the past year and a half is disturbing to me. It can make a company appear more interested in manipulating the stock price then actually making the company preform for itself, or the stockholders. More bluntly, in for the personal gain rather then company profits. That is only my feeling about the insider trading over the past year+. I would also admit that Indo's (Bennett's) ability to aquire permits has been remarkable. I am still invested in Indo pretty heavy, so I must have some hope.
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