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

To: Claude Cormier who wrote (1541)8/25/1998 11:31:00 AM
From: David Sirk  Respond to of 5908
 
Right! But the Garnet business is a what they are basing these revenues on. That is coming together as we speak!



To: Claude Cormier who wrote (1541)8/25/1998 11:34:00 AM
From: David Sirk  Respond to of 5908
 
Thursday July 9, 3:28 pm Eastern Time

Company Press Release

Indocan Resources Inc. - 1000 Metric Tons Garnet Sale

VANCOUVER, British Columbia--(BUSINESS WIRE)--July 9, 1998-- Indocan Resources Inc.
(OTC BB: IDCN). Mr. Tony Papa announces that the Company has entered into a Letter of Intent
with an Italian company to supply 1000 metric tons of garnet per month for shipment to Europe.
Revenues received $418/MT.

Contact:

Indocan Resources
Jeffrey R. Bruhjell, 604/929-7224



To: Claude Cormier who wrote (1541)8/25/1998 11:44:00 AM
From: ROY DEL  Respond to of 5908
 
I spoke with Serge Talon of CMI yesterday he said the buyers were basing their bid on the garnet mine. Would you think a garnet mine, a couple of prospective gold mines, 3500 acres and some cash (guessing $800k to $1 mil) was worth $17-$18 mil?
RD
What is 3500 acres in Raglan, Ontario worth?



To: Claude Cormier who wrote (1541)8/25/1998 12:03:00 PM
From: David Sirk  Read Replies (2) | Respond to of 5908
 
Claude! Have you ever heard of TUNS?


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