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Gold/Mining/Energy : GGFI-GUYANA GOLDFIELDS

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To: Michael Brody who wrote (48)5/10/1997 11:00:00 AM
From: CLK   of 259
 
Arkona Resources and the ORI, TYG, AKA site has a very complete discussion but I am impressed by the similarity to GGFI both in share structure and deposit type and size. The difference is that AKA is near Whitehorse in the Yukon and has BYG financing behind it. It will be a mine sooner and the drill results are equal to or better than GGFI. I think the GGFI results are excellent. AKA's last hole was 175 ft of .25 or so. This is a large system with multiple targets again like GGFI and there are 6.7 million out. They have over 1.2 million in the bank and a property in Montana with real potential as well. The best thing and what is different than Guyana is that they have a CARRIED interest, that is no expenses, and no need to raise money. The production decline is already in and being extended so that the next drilling will be end of June. This gives us time to sit on the bid at .70 and get cheap shares since there should be little news until then. Take the time to read Gramps and my notes on the thread . There are tons of facts and bits of intriguing ideas on the thread for you to digest. These two are similar in many ways which is partly why I like them both. Few shares out, exceptional upside potential and money behind them.
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