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Gold/Mining/Energy : International PBX Ventures - IVU

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To: John Barendrecht who wrote ()1/4/1997 9:15:00 AM
From: Steve Wright   of 40
 
Hi John,

I also saw this stock break-out a few weeks ago with nice support at $1.20. There was heavy buying from Midland ... maybe Institutional. The nice thing about this stock is that I think there is less than 4 million shares outstanding. The company issued a statement that no material changes have occured ... but it seems like someone at Midland knows something. Even with the double, it still is not at its 52 week high. This looks like a winner !!
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