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

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To: g.w. barnard who wrote (7388)12/7/1997 7:01:00 PM
From: Jim Lamb  Read Replies (2) of 9164
 
G.W. Re; <I'll be calling K. Dow this week, any questions?? I've got one. What the heck is going on with the price of this stock?
Anybody .
Has AKSEF ever been lower than this past week, 2 1/2 ??
It doesn't make sense that it has droped this low, I realise mabe some tax selling , or in sympathy with oil stocks but it should have held it's own at 3/share. I.O.W. it seems there may be something drastically wrong that is about to be released upon us. The reasons I feel this way include 1. Contracts [ a major milestone] about to be released 2. The Lundin group talking about a take over. 3. The ovarall project moving forward 4 What seems to be favorable diplomatic progress in the Sudan. It doesn't make sense that with these overall good things about AKSEF the price is drooping so drastically. I'm a optimist by heart but also a realist. Does anybody else see it this way?? Jim
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