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%

Nov 12 3:59 PM EST

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To: CLK who wrote (81)	4/12/1997 10:58:00 PM
From: Gramps	of 444

Chris. Stockwatch is at canada.stockwatch.com. It is good for quotes charts etc. I cannot get into the news section. Don.t know if you need a subscription (expect you may) and I may not have the right system. I have netscspe but think I will have to put in Explorer as a lot of stuff is in frames now. The results look good to me. Jon said they would not be as good as hole 13 but who cares.The footage is good and 0.20 or greater. .75 cent stock. Only in Canada you say? Pity.(To copy tetly tea ) I see on last nights news that the TSE said they may have to start looking at companies closer now. God help us. It means more geologists, lawyers and accountants all looking at stuff they already don,t understand. Another big financially and time consuming means]to make it harder to get a business going.We have been through all this on the VSE after the Macklin enquirey.They expect junior companies to have the staff and funds of a major corportation. It takes most of an underwriting fund to pay for all the paper work, and then you get in trouble because you aren,t putting enough of the money into the ground. Here we are in Canada with every mine within a days travelling of the head sheds. A fast trip could have the :"experts" at the site and look for themselves instead reams of paper which they don,t understand anyway. Each property is unique. It depends on where a geologist had his training to quite an extent. The volcanics etc are different. On the VSE some years ago companies were in a real dilemma because there was a conflict with hard rock mining people and placer. Every profession has the we are the best groups. CA,s,CGA,s etc are a good example. I took APA and am considered not much better than a bookkeeper. We already drove the oil and mining people out of Canada and now there has been considerable signs that they are returning. Only 34% of Canada has been mapped out for resource exploration.Our costs are already the highest in the world. All we need now is some excessive knee jerk reaction and you can kiss the whole resource industry goodbuy. The whole Bre-x episode is poor work by the regulators. That is where the review should take place.

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