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Microcap & Penny Stocks : IKAR IKAR
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To: sam who wrote (6)2/10/1998 9:18:00 AM
From: Lee Bauer  Read Replies (1) of 20
 
With regard to pronouncing works that are difficult: Hukt on
Foniks wurkt for me!. As far as stocks are concerned I do not love any stocks that I am involved in. I look for major future revenues not some measly 100k contract. This stock fits into this category. I always remind people that IKAR is not a 2 week stock. If you invest you should be prepared to hold this for the year to get the max benefit. I own 90% of mine between 1.37 and 1.62. I have no intention to sell at this time.

But back to IKAR: The location of Tajikistan is one of the strengths.
The current neighbors Turkey and China have a definite measurable
need for the contents of this mine. China has been actively
purchasing ore on the world market with most coming from Australia.
The Tajik province is much closer.

I spoke to IKAR yesterday and news will definitely be coming out
within a months time. While there is no way to force Kilborne to
finish the report now all indications are that it will also be
completed in the above mentioned time frame.

Insiders at the company own stock above 3 dollars and some own stock under 1 but they have not sold. Upside potential remains strong.

There is one intangible that we also must consider. The global mineral market is very aggressive and full of players that could eat IKAR in a New York minute. I have no knowledge of any pending purchase action but I certainly would not rule it out in the future. Talk about major cash..

Happy Trading, Lee
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