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

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To: Jim Kay who wrote (602)3/7/1998 2:04:00 AM
From: Ron Everest   of 835
 
Pursuit trading in the past 30 days (Feb 7 throught March 6 inclusive) for 2,801,447 shares:

Top 4 Buyers..........B..................S
Nesbitt................754730........152435
Canaccord..........397874.........219210
CT International...202060.........64674
Yorkton...............146648.........78540

Top 4 Sellers..........B..................S
First Marathon........70500..........300700
Dom Sec................73000...........300286
CT Services...................0.............127500
Dominick.......................0...............105000

Important Dates to watch for IPJ
March 18 - Sepcial meeting dealing with Option repricing and Shareholder's Rights Plan

May 13 98 Last Day for Minoro to take up Hinoba-An deal. Would pay US$5 million to IPJ on or before this date.
Jul 12 98 Second payment of US$5 million
Sept 10 98 Third payment of US$5 million

Fall 1998: more results on Mahakam E &W prospecting. They now appear to have a couple more clusters of poryphries. Any one drill result for the first cluster proving value should send IPJ skyward. "Drilling is anticipated in the second half of 1998".
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