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

To: Abner Hosmer who wrote (559)	2/11/1998 9:20:00 PM
From: Ron Everest	Respond to of 835

Thank you for obtaining the additional information from IPJ Tom, much appreciated, Best regards, Ron E

To: Abner Hosmer who wrote (559)	2/11/1998 9:41:00 PM
From: Mikey	Read Replies (2) \| Respond to of 835

Thanks for the detailed info on all of the claims. I have seen a map recently, I can't remember where, that shows less claims than one I saw earlier. (That must be the difference after they have narrowed down their holdings to the choice few). I don't know if the map at their website is the most recent (or if it still has the old claims included too). pursuitgold.com I wonder what they will find at Jurassic Park? M.

To: Abner Hosmer who wrote (559)	2/11/1998 9:53:00 PM
From: Ron Everest	Respond to of 835

Thank you Tom for enquiring of IPJ: <<They'd rather have the cash in hand than to take on the added risks of constructing a mine.>> Interesting, one could conclude that IPJ would accept the 15million US for the partner's participation and vend the 40% carried interest for a further 75 million. It is feasible? Hope so. <<Mongolia>> Thanks for the Mongolia comment. It does appear that they have other more prospective properties ahead of Mongolia. Not that Mongolia is not prospective, just that Mahakam appears to be huge. <<The five cow's that they have narrowed down to are Mahakem East and West, Mahekem North (Dayak), the Serigi cow, and the Sintang cow (Dayak).>> The comment that the poryphries extend onto the Dayak Mahakem Cow and found after the DAYK takeover is revealing. Would seem that their retention of the Sintang CoW wherein the SF partially lies is another target of importance. Lets call it #6 in importance .<g> <<They are expecting to have the signing ceremony for Mahakem East and West next week, which coincides with the scheduled signing of the Yamana cow's on the 17th. The time frame of the "2nd signing" for Mahakem North, Sintang, and Serigi is undetermined. >> Now we are cooking! This will allow them to seriously progress on the Mahakam E&W CoWs. Just the start of a "Big Payday" as Gold Newsletter puts it. Thanks "millions" for getting the information, Ron E

To: Abner Hosmer who wrote (559)	2/12/1998 4:30:00 PM
From: virginijus poshkus	Read Replies (1) \| Respond to of 835

Tom. i was able to get hold of the report recommending ipj and java gold. the report was dated november 11, 1997 when the stock was $1.20. they highlighted the indonesian properties particularly Mahakam in klimantan. also, the kendeng project was highlighted. their other interest including the hinoba project in the phillipines was mentioned. it said that this property was undergoing a scoping study . i believe that scoping study came out today. that was about all she wrote. vargas