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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Karl Zetmeir who wrote (9)6/18/1996 10:20:00 AM
From: rfisher   of 9164
 
points to consider:

1. oil (huge quantity) is in Sudan.
2. Arakis says permanent financing should be in place by year's end.
3. all analystss that went to Sudan last month with Arakis were
impressed with Sudanese government's commitment to this project.
4. Sudan needs cash - this project can provide it.
5. Arakis is not the same company that it was last year.
6. there is so much oil (proven many times) in Arakis's concession
that money for pipeline will come. the reward is huge
7. the upside is $20/$25 per share
8. the downside is $2 per share

I have been in this stock for two years. I have heard every story.
this will work. hang tight.
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