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

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To: Ron Everest who wrote (676)4/1/1998 12:27:00 PM
From: Abner Hosmer   of 835
 
Hi Ron -

I also like the way things are shaping up in Indo. Looks like they are assembling all of the pieces for this program in good order. Ron, what do you think of the idea that warrant holders from the recent financing may be shorting the stock above 2.50? News today from JVAG below, another financing. Wondering if they have anything planned for Kendeng, but could not reach anyone at the company this morning.

Java Gold Corp
JVAG
Shares issued 26740912
1998-03-31 close $0.34
Wednesday Apr 1 1998
Mr Armand Beaudoin reports
The board of directors has authorized the issue of 2,500,000 units, each unit
comprised of one share and a half warrant, each full warrant entitling the holder to
subscribe for one share at $0.50 until June 30 1999. The units will be sold at
$0.35 and will be offered on a best efforts basis.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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