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Gold/Mining/Energy : ibi corporation

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To: Chuck who wrote (35)2/19/1997 2:03:00 PM
From: peter hogan   of 129
 
Hi Chuck:

I'm told that assays should be out on the Ghana property with numbers as high as 11 g/t and the stock should see the .30 cent range.

The Noranda deal is not going to be announced until IBI is on the TSE.

They are also close to finalizing and announcing the Tech deal for the property in Timmins, Ontario.

I haven't sold any of my shares yet, I think we can get more mileage out of IBI even without the Noranda deal.

Cheers
Peter
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