SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (1237)8/23/1998 3:28:00 PM
From: Coolbreeze  Read Replies (1) | Respond to of 5908
 
If a cease trading has been going on then why have we been able to buy this stock??

CB



To: Jeff who wrote (1237)8/23/1998 3:30:00 PM
From: Mr Metals  Respond to of 5908
 
Canada Stockwatch

ShortcutsMenu Symbols Bulletins Company Participant Insiders AccountStatus NewWindow

Participants involved with Indocan Resources Inc
You can click on a participant to see his/her roles with all other companies ($1.00)

Ball John C

was disclosed as a vendor to Co 9602
was disclosed as a litigant with Co 9606
Bruhjell Jeffrey R

became a director of Co 9805
DIACAN VENT

was disclosed as holding a royalty on asset of Co 9603
Evans Thad

was disclosed as a shareholder of Co 9702
HL CORP

Predecessor Company 9605
INTERNATIONAL PANORAMA RESOURCE CORP

was disclosed as a joint venturer with Co 9603
was disclosed as a vendor to Co 9710
JONPOL EXPLORATIONS LTD

was disclosed as a joint venturer with Co 9604
was disclosed as optioning an asset from Co 9604
Leliever Gordon

was disclosed as a vendor to Co 9602
LUCKY BREAK GOLD INC

was disclosed as optioning an asset from Co 9710
NORONT RESOURCES LTD

was disclosed as a vendor to Co 9510
was disclosed as a joint venturer with Co 9605
was disclosed as a shareholder of Co 9606
Papa Tony

became a director of Co 9805
Reznick Jane

was disclosed as a shareholder of Co 9702
Reznick Mike

was disclosed as a shareholder of Co 9702
Riva John

became a director of Co 9610
Salna Robert P

became a director of Co 9610
was disclosed as an officer of Co 9710
became a former director of Co 9805
was disclosed as a former officer of Co 9805
became a consultant to Co 9805
Waxman Steven

became a director of Co 9610

Mr Metals




To: Jeff who wrote (1237)8/23/1998 3:38:00 PM
From: Coolbreeze  Read Replies (1) | Respond to of 5908
 
Why is there no news link to the cease order of June 5,1998???

CB



To: Jeff who wrote (1237)8/23/1998 3:46:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 5908
 
Who is this ANONYMOUS director? Why ANONYMOUS? HMMMMMMMMMM.

An anonymous director reports Indocan Resources Inc -
Board recommends acceptance of CMI Capital offer
Indocan Resources Inc IDCN
Shares issued 39,042,116 1998-05-26 close $0.17
Wednesday Aug 19 1998

An anonymous director reports
On Aug. 11, 1998 the board of directors received a letter containing an offer. The board of directors has met to consider the offer from CMI Capital and its associates. The offer is as follows:
"We and our associates in Zurich, Switzerland have examined the information available regarding your mining claim properties. We have a keen interest in the overall project and wish for you to consider our offer to purchase all the issued and outstanding capital shares of Indocan Resources Inc. at the price of 37.5 U.S. cents per share.
We understand the board of directors is in a position to make this decision solely without the necessity of a shareholder meeting. Your prompt attention to this matter will be greatly appreciated.
The offer is on an all or none basis and we expect that acceptance by the board of directors would indicate a reasonable assurance that more than 80 per cent of the capital stock would accept our tendered offer. This offer shall remain valid for three weeks, until 5:00 p.m. Montreal time, Tuesday, Sept. 1, 1998."
The board of directors have voted today to accept the offer and recommend that the shareholders vote to accept it also. Since the board alone cannot deliver 80 per cent of the company a shareholder's meeting will be called.

"We and our associates in Zurich, Switzerland WHO IS WE AND OUR ASSOCIATES??????? WHO THE HELL ARE THESE FOLKS? DO THEY REALLY EXIST?? NO WONDER THE OSC HAS A CEASE TRADE ORDER AGAINST IDCN..WAKE UP NASDAQ. I THINK THE CEASE ORDER HAS TO DO WITH THERE FINANCIALS.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals




To: Jeff who wrote (1237)8/23/1998 4:01:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 5908
 
Where are the results????????????????

Based on the recent sampling results showing excellent gold

What kinda statement is excellent gold mean?? This would never go with the Canadian exchanges. GO NASDAQ GO:-)

Indocan Resources Inc -
Bulk sampling to begin at Isaac's Harbour
Indocan Resources Inc IDCN
Shares issued 39,042,116 1998-05-26 close $0.17
Friday Jul 24 1998
Mr. Jeffrey Brubjell reports
Based on the recent sampling results showing excellent gold, done by Technical University of Nova Scotia using atomic absorption sampling method, the company has decided to begin bulk sampling at the Isaac's Harbour site as soon as possible. The bulk sampling will give a better indication of what can be expected when running the ore through a mill. The drilling of four holes is also being planned to a depth of 200 to 300 metres.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com




To: Jeff who wrote (1237)8/23/1998 4:04:00 PM
From: Mr Metals  Read Replies (2) | Respond to of 5908
 
The company has entered into an agreement to acquire all the outstanding shares of Prodigy Resources Incorporated

Does anybody REALLY know if they closed this deal???? Come on guys, do you really know if this is a done deal!

Indocan Resources Inc -
Prodigy Resources acquired
Indocan Resources Inc IDCN
Shares issued 39,042,116 1998-05-26 close $0.17
Tuesday Jun 2 1998
Mr. Robert Salna reports
The company issued the following news release on April 29, 1998:
The company has entered into an agreement to acquire all the outstanding shares of Prodigy Resources Incorporated (privately held) of Toronto, Ontario for the issuance of 15,000,000 new shares. These new shares will be restricted for at least one year. Prodigy holds acreage in Northern Ontario with over 5,000,000 metric tons of garnet.
In reference to the above announcement, the companies have completed their merger/acquisition and Indocan has ordered the transfer agent to issue 15 million new shares to the Prodigy shareholders. These shares will be restricted from further transfer for at least one year.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals



To: Jeff who wrote (1237)8/23/1998 4:27:00 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 5908
 
I found that the first day.
I wrote to Jeffry about it and posted it.
I called the Ontario Securities Commission.
They told me it was just because they stopped
reporting. They told me it is not a serious thing.
Companies have so many days to report, if they don't,
it is off the exchange.
The company was bought in the Spring as a shell
and was dormant, Jeffrey told they are going to be reporting
and will be working on some more listings.

How many more times do I have to explain this?