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Gold/Mining/Energy : Akiko Gold - V.AKI
PRM 28.37+0.9%Jan 14 3:59 PM EST

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To: Gerald A. Lucker who wrote (42)5/15/1997 12:09:00 AM
From: Bear   of 48
 
This is good news. Looks like they're getting serious about exploring
these properties. But they're racing against the clock. Before their money runs out, they have to find something to interest a JV partner
and interest the market in buying more of their securities at a decent
price. The odds are against them, but as a long-term investor in
speculative issues, I'm hanging in there. Given their small market
cap, it won't take much of a discovery to boost their stock price.
And a major discovery will multiply it several time over.

James DiGeorgia, in his latest Silver and Gold Report, came out with a
buy reco on Akiko. He said almost nothing about it, but apparently
he thinks they will make a discovery. Unfortunately, I have already
decided not to renew my subscription to this publication and I do not
recommend it. But I sure hope he's right on this one.

Bear
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