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Re: [sharechat] INL


From: "Cristine Kerr" <criskerr@optusnet.com.au>
Date: Wed, 14 Jan 2004 14:57:22 +1000


Hi,

Intec has also just completed their pilot plant for the processing of
refractory gold. The plant will move into production very early this
year to prove scalability and economic advantages of Intec's gold
processing technology which is suited to the higher proportion of the
world's gold reserves. (I believe the first batch through will be Ivanhoe's.)

Once proven, the process will become more attractive to prospective
licensees. NB Apart from the economic advantages of the processing
technology, Intec's gold process is also cyanide-free = no cyanide
leach which presents a danger to the environment and is expensive to
destroy.

News items can spark 'hot' activity on a stock. The stock may then
display some retracement from profit-taking and continue to climb, OR;
will 'cool' if the 'value' of a news item has been 'guesstimated'. As
guesstimates increase risk, this is when gap filling on retracement is most likely to
occur.

The 'gross value' of Intec's latest news item is not unclear. It is very clear,
therefore; I don't anticipate a complete retracement, in fact; it seems to be
consolidating now before the next upward leg.
 
I am sufficiently confident to predict the stock value
will continue to rise consistently. (In
my opinion) 'INL could easily reach $1 by year end (in the absence of any
adverse news)'.

Regardless of trading style, INL is worthy of time spent in research.
 
Regards,
Cris

----- Original Message -----
Sent: Wednesday, January 14, 2004 1:24 PM
Subject: Re: [sharechat] INL

INL has announced a jv with Ivanhoe to employ its gold process in the processing
of the Hellyer tailings dam.

Cris was spot on the money a number of months ago!

Quoting "KMTHOR@xtra.co.nz" <KMTHOR@xtra.co.nz>:

> inl has went up 4 cents on friday with just over 20 mil share traded. does
> anyone know why there id so much intrest and have we missed the boat

> keith



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