ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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

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To: Peter Berkman who wrote (7402)	12/10/1997 9:35:00 AM
From: J. M. Burr	Read Replies (1) of 9164

PB: Seeing I bought tons at 2.5 I personally would be happy to sell at 4.5 but will likely dump at 3, or when I get nervous. I am a shareholder, investor, but I can guarantee you we are not "all in this together." Like that shark Lundin I am a bottomfisher. Unlike him, I have no particular expectation that the concession will actually be exporting oil in 1999. In fact, I am betting that Arakis, as we know it, will be out of the mix by then. Thus, I take my profits when I can. Finally, the fact that Sudan is an impoverished nation has very little to do with its natural and human resources, which are considerable. It has much to do with 42 years of miserable governments dominated by egomaniacal and venal politicians. Tumbleweed.

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