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


To: Trumptown who wrote (1340)8/24/1998 1:20:00 PM
From: Sojourner Smith  Read Replies (2) | Respond to of 5908
 
I just got off the phone with Serge Talon.
This what he told me.
Jeffrey was a broker in Minneapolis who
bought the IDCN shell with his own money.
The garnet deal is with a parties in London and Italy.
Equipment is at the site now.
He said the buyout probably will not happen.
He said they have 1 million in the bank to begin
work. He said production in Issac's Harbour
is about a year off while they go through government regulations
and prepare site.
Drills are at the site now.
Reporting - he expects to see that few month down the road.
It is important since all bbs must be reporting by then.
The Raglan township property was a proven property
that has come off the 30 year ban on native peoples land
rights.
I got the impression Talon is a more neutral party.
I asked about the price, and he stated he was buying
and felt it was low, but advised to buy under .20 and
to wait for the TUNS report.
IMO the TUNS report will be great from what I heard, so
I would think that would be like buying on news.

l