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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)
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To: Bruce who wrote (572)12/7/1997 6:47:00 PM
From: RonS  Read Replies (1) of 866
 
Bruce,

I agree with some of what you've said, and the comparison the Guidi
makes is misleading (at best). Everyone should be very suspcious
anytime these types of comparisons are made and especially when they
come Guidi or an IREMCO company (we're use to this sort of hype crap)
Having said that I still think there is potential in NZ (specifically)
for an oil and gas company to do well. Other factors, other than
finding a "huge" hydrocarbon reservoir, can still allow for a oil
and gas company to become very profitable. Conducting business in an
stable country with good infrastructure is worth alot. I gotta wonder
if companies like Shell are around, then there must be something
worth investigating. Also, not to be ignored is INDX's land positions
in potential elephant countries Papau New Guinea and China.

Regards
RonS

PS Don't foget about those "Tertiary" gas fields in Alberta.
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