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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Marantz who wrote (7383)12/6/1997 12:11:00 PM
From: g.w. barnard  Read Replies (1) of 9164
 
morantz,

"Please let it not be a reg s!""

yep i whole heartedly agree. talk about a buying opportunity!!!!


"Dan Rice, has suggested in the past that it might have to be a convertable offering so the lender can participate in the project when it turns profitable, but I personally favor straight debt."

yes, heard this but that leaves us out in the cold. but what do you expect, i been in the cold many yrs. now.

"It would be nice if China would let us do the same. They could cover our remaining costs and be paid back out of the early revenues."

if they only though like you and i it would be a done deal.

have you talked to k. dow since last week?
gw
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