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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: Ritchmc who wrote (818)1/12/1999 10:25:00 PM
From: Donald Lickman  Read Replies (1) of 866
 
INDX has completed a number of exploration programs and have several prospects identified. Drilling is not as straight forward internationally as is in North America but it provides big potential. I have been told we should see big target drilling action in New Zealand in the near future.

I agree when the energy sector turns positive INDX is positioned and the share price should react. I think its currently trading at around its cash in the bank value?>

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