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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: Blue who wrote (84)4/13/1997 6:41:00 PM
From: Gramps   of 444
 
John. Chris has a good recommendation about talking to Bergvinson
at ORI. He can bend your ear for some time on the subject but of
course cannot be too definitive on potential. Comments can come
back to haunt you if they are not EXACT. It is not too hard to come
up with a hypothetical situation. In the case of AKA it does not
take much of an imagination to see that they must be pushing the
million ton range of mineralized ore. Lets imagine a miserable 0.15
opt of gold-the low end of assays to date. One million tons times
0.15 is 150000 ounces of gold and should be able to be produced for
at least a 165.00 per ounce profit or 24,750,000 bucks.AKA get 30%
of this or 7.425,000. With 6.8 million shares out that is 1.09 cents
a share. Pick a number for market value. Gold stocks have a range of
10 to 20 times earnings. Does that move the blood through your veins?
Check my math, I don,t want to be accused of setting up another bre-x.

For ORI, they get 30% of that and can earn a further 5% if they pay
a company of former debenture holders 1.5Million. In addition
they have there own property which is well capable of producing
the same amount as AKA and ORI gets 50%.

As the golden goose continues to lay her eggs, and is doing so with
each core that is brought out the picture can be enlarged. In annual
terms AKA should raise at least 20 cents per share and ORI with
around 20 million shares out could do as well with the two income
sources.

AKA just got federal confermation that they will be paying AKA 999,000
for its Klondike property by 30 April and still has potential
of its 5 to 6% net smelter earnings from the Madisson property in
Montana when the owners start to develop it. Time to spend some of
your powder on these two. ..
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