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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Sojourner Smith who wrote (1)8/12/1998 5:10:00 PM
From: xbrent  Read Replies (1) | Respond to of 5908
 
The following is a copy of the news release which went out on the business wire just before noon Eastern CMI Capital and Their European Partners Makes an Offer for All the
Issued and Outstanding Capital Stock of Indocan Resources Inc

MONTREAL (Aug. 12) BUSINESS WIRE -Aug. 12, 1998--CMI Capital of
Montreal and their European partners have made an offer for all the
issued and outstanding capital stock of Indocan Resources Inc. (OTC
BB:IDCN) at a price of $0.375 per share. The offer is in effect until
September 1, 1998.

-0- ajk/cgo*

CONTACT: Serge Talon

PDG

514/987-8016

Fax: 514 987 7300

KEYWORD: NEW YORK

INDUSTRY KEYWORD: BANKING Today's News On The Net - Business Wire's
full file on the Internet

with Hyperlinks to your home page.

URL: businesswire.com



To: Sojourner Smith who wrote (1)8/12/1998 5:11:00 PM
From: Dynamicist  Read Replies (1) | Respond to of 5908
 
Sojouner:

Yes, I jumped into this one today but got nervous and jumped back out with a couple of pennies profit. I got spooked by this:

"To: lance b (642 )
From: Sting-Ray_57 Friday, Jul 10 1998 2:02PM ET
Reply # of 854

Info only - IDCN (looks like a momo)

biz.yahoo.com

Got a call from a market maker on this one. He claims they are going to run it to .25"

After seeing that I started trying to find out something about the contact mentioned on the latest news release "Serge Talon -- PDG"
I didn't have the time to call to find out anything but I searched the web for PDG (turned up nothing related). Could that be Pump-n-Dump Group?

Somebody has to know more than I do about this. Anybody got any answers?

Dy
Since this is one of the few things I could find on it I got spooked. I probably got out too soon, but I can always get back in...
If this news has been




To: Sojourner Smith who wrote (1)5/18/1999 10:26:00 PM
From: c.horn  Read Replies (1) | Respond to of 5908
 
May 17, 1999 - Isaac's Harbour is idle for at least the coming week. The Nova Scotia government has advised that the operator, Doug Boddy of Gold'n Crystal Minerals needs to apply for an excavation permit before work can continue on Exploration License No. 00448. They feel the ramp cleaning and mud clearing was "trenching" and needs to be permitted. The government also wishes us to have an emergency plan for evacuation in case of worker injury. The Sable Island gas plant has a helicopter and ambulance facility across Isaac's Harbour; we will contact them and see if we can use their facility if needed.

We are also studying the different options regarding getting a mining lease or a bulk sample permit. We have told the driller that we intend to complete the new ten-hole program and thus finish out to hole #14. We will resume in the coming weeks.

Assays have not been sent in yet, most of the splitting of core from holes #5 & #6 that we want to see values from are completed.

The Alberta Gas projects are still pending and should be announced soon.