Int'l Pursuit (T.IPJ) Message Board

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

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To: RonS who wrote (526)	2/5/1998 2:17:00 AM
From: Ron Everest	Read Replies (1) of 835

Interesting that YRI/ABX have not to my recollection ever revealed anything of materiality on their east Kalimantan arrangement yet they are hanging in there. Now Greg is saying that they are not fussy about Kalimantan. I believe that there is nothing of importance for them on their East Kalimantan property. They have probably mothballed it until the situation stabilizes politically. For that matter, IPJ is not in an unenviable position with the Indonesian political situation. There might be a plus side to this also in that labor is probably quite inexpensive in Kalimantan right now. Well, tomorrow is another day and wouldn't be surprised to see the COWs in the IPJ pasture soon. Must depart as the trading day starts at 6:30 am PST for us. Best regards, Ron E

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