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Gold/Mining/Energy : International Gold Corp (IGCO)
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To: Mr. Jens Tingleff who wrote (283)11/19/1998 7:04:00 PM
From: Robert  Read Replies (1) of 405
 
Heres an update from Micro Alert:

MICRO ALERT UPDATE THURSDAY NOVEMBER 19, 1998
==================================================

As some of you know, we were in Vancouver for the last few days
meeting with a major shareholder / investor in Intergold.

First of all: What is new?

Most of the things we already knew (see current press releases) like
assay results, drilling information, etc. The Company is intending on
releasing more news soon - which will expound on the ongoing
drilling.

The next step is a small processing plant - this will be built to
effectively estimate extraction costs on the property - the key fact
is that the ore concentrations are pretty consistent - all the way
down - which will make extraction estimations relatively easy.
This is a key factor in attracting big money partners or buyers.

The outlook:

All the things you already know - namely this one has great long
term potential. For you weak sisters who live to spin these stocks,
and subsequently sold out at a loss: Tough rocks. You should be in
these type of investments to hold for the big hit. There is big money
behind this company - and at current price levels.

Patient, long term players should be nicely rewarded here.

==================================================

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