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Gold/Mining/Energy : ARCTIC GROUP AGP-ASE

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To: Roy Cetlin who wrote (3)12/1/1997 3:58:00 PM
From: Ice-Man  Read Replies (2) of 101
 
I bet your happy now. Look at the price on those warrents. You must have nearly a triple here soon? I am not going to sell for a while still. This company has 11 million cash and they only spent 2.8 so far in aquiring new companies and I expect them to take over more soon. After all what else would they do with the money? But then again I guess they are going to use some of the money to close aquisitions currently open.

I can't wait to see the next quarterly report in which they list annual sales. Profit at this point isn't really important because it takes a year or 2 for the true value to reflect in the books.

Markus
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