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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)

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To: john tangen who wrote (984)7/8/1998 9:48:00 AM
From: David Graham  Read Replies (1) of 1501
 
Nobody has made a big deal of this yet, but there are two new institutional shareholders - Royal Bank Capital Corp. and Royal Trust. Royal Bank Capital is Royal Bank's venture capital subsidiary. I can't see those guys tossing money around lightly. The fact that IZP could get two new high-profile shareholders speaks highly of their opinions of the company's prospects.

With Salari gone and some professional managers in place - instead of window dressing on the Board - we might see some price-enhancing activity.

David
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