ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.

ORI 41.26

+1.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Al Cern who wrote (291)	10/17/1997 5:19:00 PM
From: Gramps	of 444

Everyone plays the market differently. I am very surprised CLK pulled out of AKA. The last drilling was below expectations but still credible production figures. If drilling does commence again in the spring they will have had time to study the geology of the system and a better means to determine the next drilling areas. Your assessment of things is good Al and nothing that is found is going to go away. For some it was a flip deal, for most an investment. I think CLK is still a credible ORI holder. I can't see leaving one of these companies without leaving both. If amalgamation was to take place the earnings affect and price of the new company would be the same for all concerned. The only thing I am still scratching my noggin about is how the share ratio will take place. If it is on market price. i.e., an average price over x amount of days, it would not in any way reflect the true value of the assets. Looking at the present agreements for example and possible reserves of gold and silver I would put a 26% higher value per share on AKA. This present ORI find could lower that. I would be most unhappy with just a 50% ratio between ORI and AKA to BYG. It is going to have to be something better than that or there could be some balking at the starting gate. Clk was a bit upset(???) about insider trading on AKA, less than 100,000 and there was no allowance for the fact that insiders also purchased some of there stock options and that is what was sold, probably to someone who it would be desirable to have as a safe invester. If you check ORI there has been some buying by an insider, 300,000 option and around 20,000 other. There has to be some of this during tight trading to maintain some kind of a market. If there is a major dump by all the insiders then one could panic. Take a deep breath and hold it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next