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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: peter hogan who wrote (141)8/15/1998 12:01:00 PM
From: Elizabeth A Rice  Read Replies (1) of 422
 
Doug is off on a wonderful long vacation, I have been on a 2 month sabbatical. Since I am a long term investor and not a day trader I generally only check my message boards once a week or so. At this point, Olev the PR guy has stated that the focus of the company is
finalize the financing and to comply with the CDN's listing requirments
which changed mid submission due to some kind of paper work format.

As I said I am a long term IBIC investor. I know that a number of posters on this board disagree with my investment and focus but it is my money and choice to do with it what I want. I happen to believe that IBIC will pay off in a very big down the road and I am prepared to wait out the ups and down. I have worked for a very large high tech company for 15 years ( over half the lifetime of the company) and have been part of the highs and lows ( the the highs were great and the lows were awful) and am familiar with market and business cycles and also what it takes to get something like IBIC off the ground. Anything can happen but that is the risk you take. If you are not prepared for the gut wrenching lows stick to something more comfortable to your investment style. IBIC and NRAG are the only two penny stocks I currently have as I view them as long term. Neither one of them are trading where I had expected to see them at this time but I don't see any reason to chuck them since they both present wonderful long term possibilites.

Cheers...and happy trading!

Elizabeth
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