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Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising -- Ignore unavailable to you. Want to Upgrade?

To: humancash who wrote (1)	11/5/1997 1:08:00 PM
From: Lee Bauer	Read Replies (1) \| Respond to of 188

Yo humancash, I spoke to Randy Andrus the CEO at IKAR and he is very positive on the future outlook. Currently there is about 10 million shares held by insiders and about 6 million in the float some of which are controlled by the insiders. Current short position is about 1 million. They are trying to get the shorts out. We can expect several press releases in the coming months. The first couple wihll be of the small variety leading up to the announcement about the Tungsten find. This announcement should make clear some questions about the supply to industry. One important thing to note here is that the insiders have not moved any stock and all believe that the current price is a great entry point. They feel this should be a $20 stock. Check out their website at www.ikar.com I appreciate your comments, LEe