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

To: Abner Hosmer who wrote (528)	2/10/1998 2:37:00 AM
From: Ron Everest	Read Replies (1) \| Respond to of 835

Tom: I am getting very confident in IPJ as I find out more about its operations. While reviewing their website I noted the following: << Following extensive geological, geophysical and geochemical surveys Pursuit has decreased these holdings from 24 properties to five with the most promising targets lying within the three Mahakam CoW's.>> Note that IPJ is referring to three Mahakam COW's. This would be the IPJ properties: "Mahakam W and E" and the previously DAYK property just north of M - E&W. This is starting to provide reason for the DAYK takeover, notwithstanding the $$$ that DAYK had in their treasury. It is entirely possible that the Poryphry structures are both on the IPJ COW(s?) and the previously DAYK COW. What do you think about this? Best regards, Ron E