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

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To: richard hawkins who wrote (5996)6/7/1997 11:57:00 PM
From: Razorbak   of 9164
 
richard: <<For whatever reason, this buying abated on friday when I would have expected the Reuters' story to have added fuel to the flames. Any thoughts on this befuddling chain of events?>>

I must admit, I'm stumped too. Just when I thought the puppy was eager to run, she did the unexpected -- simply fell asleep. Looks like Larvia was right, as much as I hate to admit it. (I don't mind him being right, per se, but his moral integrity leaves a little to be desired. <vbg>)

Nevertheless, I suspect the next few weeks will still be quite interesting. First, the annual meeting is approaching, and so is the record date for the proxy filing. (Wednesday or Thursday of next week would place the record date about two weeks before the mailing date). Second, the call writers still have a great incentive to cook up some news to keep the golden sand worm alive for another quarter. Given these factors, I think there is still a good possibility that she'll wake up soon and run around a little more.
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