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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 41.26+1.5%Nov 7 9:30 AM EST

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To: Al Cern who wrote (267)10/1/1997 11:38:00 AM
From: Gramps   of 444
 
News is pretty sparse but you chaps seem to be pretty much up on
things. I am hoping ORI will turn down a 1 for 2 deal. It is worth
more than that. I haven't held on for nearly 25 years to get half my
money. I don't think Mark Aplas will buy into any kind of a deal like
this if there is any other way out. The only trouble is BYG has both
companies by the short hairs and he isn't too happy about spending
any more money on the project just now so he can do a lot of squeezing.
.I want to hear more about IMMEDIATE plans for production on both
properties. Where does the Whitehorse mill sit at present? Is it to
be started, do they have permitting for use? I believe the Montana
property with its approx 6% nsr is equivalent to about 30% share.
BMR appears to be set on becomming heros and trying to get it going
on there own. They have had years to do it and have turned down some
good offers. It has huge assets and should be producing by now.Maybe
if AKA sold its interest to a major it would push BMR into doing
something. Anyway AKA does sit in a good financial position and can
sit it out for some time. Should be some interesting days ahead.
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