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Microcap & Penny Stocks : IGNE Igene Biotechnology -- Ignore unavailable to you. Want to Upgrade?


To: Jon who wrote (11)5/13/1998 4:11:00 PM
From: TARIQ STOCKS  Read Replies (1) | Respond to of 209
 
I am also no expert in this field, but I would love to have the chance to ask you about gold-mines when ever I have question. For now IGNE is a wait and see, getting tired of being the only one searching for information. I am in for the long haul, yet waiting to see their report on Friday. We are down almost to where we began, therefore not much down side for me.



To: Jon who wrote (11)5/15/1998 11:22:00 AM
From: D LEE  Respond to of 209
 
Hi Jon

I saw you have made a move to igne!
The chart has just become active lately.
My greatest hopes for success in the igne story
and most in your success. Knowing about salmon only from
reading on the thread, it was on my mind. So last night
coming home from work, Canadian news said there were
on going "Salmon talks". It got my interest, so I searched
Salmon Talks and got things like this ...that let me know
you are thinking ...("tick" "tick" "tick") ..Jon style!
-With the reason of experience behind the risk of your
good prospecting nature.

This article helped me understand:

---------------------------------------
Friday January 9 1:56 PM EST

U.S. Rules Against Chile on Salmon Dumping

WASHINGTON (Reuters) - Two companies from Chile,
the biggest foreign supplier of fresh salmon to U.S.
restaurants and supermarkets, have been dumping salmon
at cheap prices in the U.S. market, the U.S. Commerce Department
said in a preliminary ruling Friday.

Chile has bitterly fought the dumping claim by U.S. salmon producers,
insisting that its producers offer lower prices because
the industry is highly efficient and the country produces
most of the fishmeal that local salmon farms need. In 1997 Chile
exported some $177 million worth of salmon to the United States.

In its preliminary ruling,
the United States found Aguas Claras and Eicosal,
two of five accused Chilean companies, were dumping salmon
in the U.S. market at rates of 3 percent to 8 percent
below fair market values.

The other three firms --
Mares Australes, Marine Harvest and Camanchaca --
were found to be selling salmon at prices only
slightly below fair market value that did not
constitute dumping.

A spokesman for the Commerce Department said U.S. officials
would travel to Chile in February to verify the accuracy
of the information submitted by Chilean salmon farmers.
The United States will make a final ruling in late May
on the dumping claim brought by salmon producers
in Washington and Maine.

If the Chilean companies are found to be selling product
at below-cost, the International Trade Commission could impose
penalties and duties. A similar step was taken against Norway,
the world's largest salmon producer, which lost much of its
share of the U.S. market due to tariffs imposed
after the ITC ruled against Norway in 1991.

-----------------------------------(end)
Late May is mentioned in the article.
That time is almost here.
There are many such articles.

Jon,
Being from Norway, perhaps you know how a Salmon farm works.
Do they harvest when their fish return to breed, etc..
and when might they use the igne product ..at beginning or
end of life? (life of the "fish" I mean! :=)



Well, You and the rest of this new thread seem to be on to
something very interesting. The color of an expensive food.
Signs from court cases "that somebody (igne) may be
on target". And also producing their good economically
in Mexico.

And this is inside a larger story about the
concerns of Salmon Farmers, international Salmon trade
and even the "Salmon Talks" I herd about on the radio
last night.

The "Talks" are about U.S. (including Alaska) and Canada
both competing harvesting Salmon. There appear to be
great concerns which might add to the overall story
that IGNE fits into. And its customers, the Salmon Farmers.

Color is important to all buyers of Salmon.

Please notice: I am only an outsider.
But "Fingers Crossed" that recognition of IGENE (Igen-bb)
will spread quickly and all here have found the
beginning of a successful run. Only time will tell.

My best wishes for all
Dave