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Gold/Mining/Energy : IBI CORP IBIC (CDN)
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To: Doug Heuring who wrote (135)6/28/1998 1:24:00 PM
From: chicoman   of 422
 
doug are you buying or selling????a, subject to monthly cash
payments totalling $80,000 and committing additional funds of
$1.2-million prior
to August 25, and thereafter an additional $2.76-million. The company
has paid
$51,000 covering its cash commitments to date. 4 million for the phosphate program....so on and so on?????>>>>.i can not even guess how this company will raise anywhere close to the money they need to keep any of these projects alive?? reverse split only option ..anybody else got any idea??????? ,.......chicoman
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