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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: Sojourner Smith who wrote (2872)9/23/1998 3:18:00 PM
From: WFHSR  Read Replies (1) of 5908
 
I just got off the phone with Jeffery.

He said that he looks to have information about the gold situation in about two weeks. Said he will start drilling for it in about a month.

He also said he's in the process of talking with various brokers to try and get the stock out in the forefront so people will notice it in order to try and generate some activity in the volume.

He said that he is looking to next winter to start selling the garnet, but they are going after the gold at this point.

He trying to raise capitol and is looking at options available to him to do that. Perhaps a new issue of preferred stock, privately issued. Not sure of effect that will have on the common stock but he said that should help the price of the common stock.

This is a buying time for the gold is there and it is about to be mined, according to Jeffery.

Stay tuned.

He ans. his car phone #.

WFHSR
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