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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (472)1/30/1998 3:31:00 AM
From: RonS  Read Replies (1) of 835
 
Ron,

I just got back from vacation and low and behold, there was copy of the
Special Situations in Mining newsletter in my mailbox. The IPJ article
was impressive, particularily the amount of cash that IPJ currently
has and may also have if the Hinoba-an Cu project works out. Its easy
to see then, that they are in an excellent position to continue exploring
when so many others (i.e. YRI) are cutting back and scaling down there
exploration plans. I was glad to hear that they will be focusing on further
evaluation of their existing properties rather than more aquisitions.
After reading it I'm still surprised that there is no mention of the SF
area and they didn't even label their other Indo properties on the
map. Even though they talked about Nevada and Phillipines, I still
view IPJ as an exploration firm who mothballed their Indonesia properties
to concentrate on their Mongolian properties. Fast tracking some of
their prospects in Mongolia would be the best thing for IPJ right now.

Regards
RonS
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