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 42.68

+1.3%

3:59 PM EST

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To: CLK who wrote (76)	4/11/1997 11:50:00 PM
From: Gramps	of 444

I don't think you will have to worry about any splits on AKA. The financing system to do the Goddell was done in such a way as to preserve the stock base at its present level. It is about as tight as it can get right now. I don't know what the float is but it is pretty darn low. If you get too few then you have no market and end up running just about a private company. There is a time when having a few more shares out is of a benefit. ORI split when it first started. It went from .10 cents to 10.00 and split 2 for one as a private company and came on the market at 5.25 with warrants. It has had a high of 7.00. AKA rolled back 1 for 2 when it was Berglynn Res. I did not like that a bit. It doubles your cost per share and I can't remember when I have seen one stay at the roll back price but usually goes down to where it was.AKA is a good example. Some years ago the market would shy away from a stock with 5 million shares out. Now look at BYG and numerous others with 50 MIll. or bre-x with 237,000.000. AKA is at a good position now I think...I haven't seen the news release on AKA getting the $999.000 for the Klondike property. Nice bank account for a junior. ORI is to have a drill release today also. Should be on the newswire tonight.

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