MINE vs IKAR Message Board

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Gold/Mining/Energy : MINE vs IKAR

MINE 0.00

Jul 19 5:00 PM EST

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To: CIMA who wrote (46)	4/27/1998 11:29:00 PM
From: Alan Markoff	Read Replies (2) of 94

CIMA; IKAR when it reopens after the halt. IKAR was not halted were did you get that information; I truly wish you the best with MINE but I have serious problems with it one being the reputation of who is doing the valuation of the property. Their is over 90 Million shares issued with Mine and yes it can go up but it can also fall very fast. The other problem that I have with MINE is the fact they issued appox; 46 Million more shares in a nine month period did they care for the shareholders who paid .80 plus for the stock before the dilution if not, what makes you think that they will care when they pump it up again. Yes IKAR is depressed right now but in my opinion it sure is a bargain, the value of their property is documented and based on total issued shares it is grossly undervalued not to mention what may occur over the next few weeks with the IMF. The only time I would be interested in MINE would be when they mine the property and show profits to back up the reports since their are approx 90 Million issued shares. Remember MINE had promising reports before but nothing ever came of it what makes you think this will be any different from their previous track record.

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