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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Razorbak who wrote (5784)5/27/1997 2:23:00 AM
From: GTC Trader   of 9164
 
Razorbak,

<<Our saga will end within seven months with Merger&Acquisition activity.>>
-- Interesting prediction.

Is this a whimper or a bang?

Is this before or after AKSEF reflects its "true value" (whatever that is)?

Any estimated price per share?

Anyone else agree with this scenario?

My comments (for what little they are worth): The stage is certainly set for such a showdown. Arakis is holding some very valuable cards that Lundin, Petronas, and CNPC would like in their hands. Arakis seems to be a youth in a man's world. They have positioned themselves very strategically and should be commended for just being able to servive. I trust the key players in Arakis will be well-rewarded for their accomplishments, but it remains to be seen how the shareholders will fair. Zeev, I am sure, will do fine with the shares he picked up at $2.50. Others who bought in at $25 two years ago will probably not do so well. As far as the rest of us, only time will tell.

I must agree with you that the next seven months of the Arakis story will prove to be quite interesting!

Thank you for all of your posts. Even the music one !!! : ' )

Happy
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