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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: clifford atkin who wrote (93)4/20/1997 10:31:00 PM
From: CLK   of 444
 
There is only one answer to this and that is to BID on AKA. The leverage is all there and the odds of success high enough to make the speculation worth while. We have 6 weeks before any news( you can join me on the bid at .63 us (.85 cdn) if you would like). It will come in at this level over the next 6 weeks. No need to chase at .93 . There is no need to buy a stock with so many shares out(BYG) when AKA has only 6.7 out and a million cash cdn in the bank. A carried interest is worth more than a working interest and they a 30% carried interest. Let BYG and TYG dilute themselves out raising money. Hope they succeed and sit back with your undiluted shares. If you want to limit risk ORI does have the mill and some proven reserves. For my money I want the best return if I am taking this kind of risk. AKA when it all plays out has the most Sutton like potential. In fact, I like it better than STT! I plan to sell some SIR on the immediate run and add to my bid on AKA. SIR is going to move first, very soon and very fast and very far. In the long run I like AKA better because I like gold long term and do not understand natural gas as well. But SIR is going to be exciting immediately. Before the end of the year tho I expect AKA to be equally exciting. Nice to hear from you. Arne at AKA is an exceptionally nice fellow - very helpful 888 3312233
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