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

To: Sojourner Smith who wrote (2293)	9/7/1998 11:31:00 PM
From: David Sirk	Respond to of 5908

I think it would come back down awaiting more info.

To: Sojourner Smith who wrote (2293)	9/8/1998 2:32:00 AM
From: Gordon Gekko	Read Replies (4) \| Respond to of 5908

*Jeff just sent me this PR* Indocan Resources Inc. - Isaac's Harbour too good to Sell VANCOUVER-September 8th, 1998 Indocan Resources Inc. (OTC BB: IDCN) The company board of directors has reconsidered the CMI Capital offer and finds it unacceptable. Our exploration manager, Douglas Boddy, of Gold'n Crystal Minerals has advised that the company not sell any of the properties let alone the whole company for a low price. Mr. Boddy bases his recommendation on the fact that historical records indicate that our geological structure at Isaac's Harbour has the highest-grade ore in the province. Our recent assays also confirm the presence of gold in excess of two ounces per ton. We have an exploration license and will continue to develop the Isaac's Harbour property with the drilling of four holes this month followed by a bulk sampling of 100 tons of material. Our wholly owned division, Prodigy Resources has applied for a mining license and expects to receive it in the coming week so we may produce from the Isaac's Harbour site as soon as is practicable. Work is continuing at the Dana Township, Garnet property in Ontario with the firing-off of three dynamite pillow packs and the gathering of 200 to 300 pounds of sample material. Additional grid mapping is also being performed this week and will be filed at the regional office in Sudbury. Our garnet customer would like us to deliver the first shipment in early November 1998. Contact: Jeffrey R. Bruhjell [604] 929 7224 o. jeffreyb@axion.net