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Gold/Mining/Energy : Intrepid Minerals Resources (IAU a)
IAU 84.89+0.7%Jan 9 4:00 PM EST

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To: darra who wrote (9)9/17/1998 1:46:00 PM
From: Pete Mimmack  Read Replies (1) of 96
 
Mike Schaefer recently said he still likes their exploration potential. Didn't mention anything else.

Looking at their website, they had $1.1 mil 12/31/97, $670,000 3/31/98. Since they are apparently still in business, they must have slowed that burn rate considerably, but there can't be much left. And I doubt anyone will be exercising $1.32 options before they expire in December.

Pete
intrepidminerals.com
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