Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (431)	1/8/1998 12:14:00 AM
From: Abner Hosmer	Read Replies (1) of 835

Ron, it was your posts on the subject that led me to start digging through IPJ's Mongolian projects, and specifically, those in the Bayanhongor. Also noted this from the JVAG/ABX release: >>In addition, Barrick has acquired some rights of first refusal and option rights with respect to properties of Java Gold in Mongolia.<< I take this to mean that the ABX deal does not supersede IPJ's right to earn a 60% interest in any one project held by JVAG. As of one year ago, IPJ held 3,441,536 shares of JVAG for a 19.5% interest. Now ABX has placed for 2,200,00 shares, not a bad sign. Best regards from the lower (cold) Tropics - Tom

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