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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: Andrew Patterson who wrote (157)	11/29/1998 9:01:00 PM
From: Elizabeth A Rice	Read Replies (1) of 422

The CDN was waiting on one piece of inormation from Thomas, the CEO. He just got back from Uganda thursday night is getting the info to them on monday. IBIC has been impeccable in meeting all requirments by the CDN over the last 6 months and with this piece of info from Thomas the application is complete. One could expect to see trades in the next 7-10 days. Also..IBIC will be buying back 10% of outstanding shares each year over the next 3 years with profits. Volume was over 500,000 on friday with high of .07 ..most it's been for a while.. PR should be released on monday as a follow up to agm.. Elizabeth

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