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

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To: shalom who wrote (631)1/26/1998 6:59:00 PM
From: John Sanz  Read Replies (1) of 866
 
IMO, the time to buy has come. I have been waiting on the sidelines for many months, but tomorrow I'll be in. The chart shows the bottom was 2 1/2, and with a drilling coming, the price will go up.

This drill is just the beginning. It looks like a repeat of last year. They'll start drilling in February. Results will probably be ready in March. Then in April-May they'll go for the larger drilling, the Crown Prospect in New Zealand. My bet is that in the next few weeks, we'll see the price of this stock going up slowly. Then, mailing, news releases and hyping will start. By spring, just during the next drilling, a big jump in the price will occur. I believe we will see the price double in the next 4 months. JMHO.
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