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Gold/Mining/Energy : Int'l Pursuit (T.IPJ) -- Ignore unavailable to you. Want to Upgrade?


To: Coonhound who wrote (458)1/19/1998 12:39:00 PM
From: Traveling Man  Respond to of 835
 
Greg and all,

My opinion is IPJ is rising based on the "Special Situation" tout sheet. And that unless POG continues to rise from here we will see a pullback. However, I disagree with earlier post stating this is an odd time for a major to attempt a takeover of a jr. This is THE VERY TIME
SMART CASHRICH golds will take over promising jrs. They get assets for pennies on the dollar. I have read where with their cash and factoring their known copper assets at .02 per lb.,they have an intrinsic asset value around $2.50C. I have heard nothing concerning any drilling results lately form Indo or Mongolia. From what I have read though,Mongolia presents a much better country to do business in without third world graft than does INDO. Good luck to all,I originally bought in at $2.80C so I have a ways to go to get above water myself!

TM



To: Coonhound who wrote (458)1/19/1998 3:15:00 PM
From: Mission Fishin  Respond to of 835
 
Greg A.

Thanks for your input on trading with companies with dual OTC and Canadian Exchange listings. I'll look into the historical data of my stock to see if I could have done better. For the extra $10 clams, a call to the broker for a better exchange rate and a better market is a no-brainer.

Ty Smith



To: Coonhound who wrote (458)1/21/1998 2:55:00 PM
From: Eldon Slife  Respond to of 835
 
It is not necessary to pay the extra $10. All you have to do is tell them you want to trade a Canadian stock and they will wave the extra fee. I do it all the time!
Eldon Slife