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Gold/Mining/Energy : International Properties Group (IPX-TSE)
IPX 44.18+0.4%Oct 31 3:59 PM EST

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To: Crocodile who wrote (45)1/20/1999 12:24:00 AM
From: trustmanic  Read Replies (1) of 104
 
HI Croc,
I phoned them today for more info. I bought a small position. I don't why their financial is so strong and they traded as such a low price.I must admitted that their sales is very interesting. Until I have more data to convince me to buy more. Other small real estate stock such as APEX--AXD.A which also traded as a low price, and the high profile Concord Pacific CPN also traded @ 70 cnets range. May be the market is no good for real estate, or people simply ignore the future potential of land??? Anyone got a better idea? They seem to hire good IR, otherwise they are dead. This business needed good IR.

George
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