Int'l Pursuit (T.IPJ) Message Board

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

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To: Jon Matz who wrote (741)	11/27/1998 4:35:00 PM
From: Traveling Man	Read Replies (1) of 835

Jon, Boy,it sure is. They have successfully squandered cash and securities worth ~C$25 million in 2 years and appear to have mothballed all efforts too late. Even the potential is slipping away. Well,all these jrs. are truly risky so it's not the first failure. Lessons learned,I suppose. I thought there was an outstanding JV with Barrick already in place on one of the Indonesian properties. Why wouldn't that move forward,if Barrick thought it was a promising property as earlier advertised? Tax loss selling,here I come! TM

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