Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Michael Pogor who wrote (721)	8/23/1998 7:23:00 PM
From: G	Read Replies (1) of 835

International Pursuit Corporation - Fagan says sell and buy something better International Pursuit Corporation IPJ Shares issued 28,562,795 1998-08-11 close $0.55 Tuesday Aug 11 1998 Brian Fagan, writing in the August issue of the Fagan Report, says International Pursuit is a sell at 79 cents. Mr. Fagan recommended this old favourite in November 1996 at $4.95, in June 1997 at $2.76, in October 1997 at $1.45, and again in December 1997 at $1.06. The letter writer says the decision to sell IPJ at a loss was not easy, but was made necessary by International Pursuit's failure to sell its copper property in the Philippines. "That leaves the company with little more than its Indonesian properties that speculators place little value on," Mr. Fagan laments. He also notes that IPJ had $30-million at its disposal and produced nothing from it. As a result, he says, "the fault lies solely with management." Mr. Fagan says proceeds from his IPJ sale will be applied to buying Maracote International Resources. "I suggest you consider doing the same." (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com IMO put $$$$$ into YRI

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