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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: shalom who wrote (765)7/29/1998 12:32:00 PM
From: Omar   of 866
 
Until I see something on the Indo-Pacific web site or in the mail I will assume this is only a rumor--you offer very little substantiation other than "my brother heard...". Since Guidi is the majority shareholder as well as chairman, it makes little sense to me that he would resign to start another company--he has already started enough of them without resigning from the original (Durum, Indo-Pacific, Trans-Orient...).

On the other hand, if Guidi did resign would that be such a bad thing? Unless he quickly dumps all of his shares and depresses the price, I don't think it is.

Omar
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