ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. Message Board

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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.

ORI 39.35

-0.3%

9:30 AM EST

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To: Gramps who wrote (371)	7/9/1998 11:24:00 AM
From: Al Cern	Read Replies (2) of 444

Gramps, I just reviewed the last TYG statement. As I said on the BYG thread the looting of the TYG treasury is nearly complete. What will probably happen next is that the TYG loan to BYG will be reduced over the next few quarters, to cover management fees. Of course these fees are totally unwarranted, mismanagement fees would be a more apt description, but there is little we can do. The share price of TYG reflects this, and will continue to do so while BYG controls the company. A change in ownership/direction is the only hope for this co., and its partners. Amidst all this uncertainty ORI is maintaining a methodical approach and doing the work for getting the properties into production. When and if production is a realistic scenario, they will hopefully have all the necessary permits and technical work done. Sincerely, Al Cern

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