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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX) -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (482)10/29/1997 11:44:00 PM
From: RonS  Read Replies (1) | Respond to of 866
 
Mike,

I just received INDX latest propaganda mailing. If this was the first
thing one ever read about the company, one would be very impressed. They
describe the Canterbury basin project and compare its potential to
that of the LA Basin in California (sound familiar). They also describe
the big stock price runup in Fletcher Challenge Energy (which has a gas
find close to INDX property)implying that this could happen to INDX.
The NEW date for the start of drilling is now stated as the
2nd quarter of 1998. Looks like 1997 will finish as another "dry and
dusty" year.

regards
RonS