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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 39.92+1.5%2:48 PM EST
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To: Al Cern who wrote (336)12/20/1997 9:03:00 PM
From: CLK   of 444
 
I appreciate your answer and have read your posts before and have been impressed that you know whereof you speak. Nonetheless the post before mine mentioned something like a shakeup at BYG and I know with the number of shares out that it could be hard to raise more money in this market. I think it would be wise to find out their cash position and be absolutely sure they are in a positive position, ie no debt. The stock price tells me there is some trouble somewhere and this goes for the whole group here. However I have always like their properties and agree with you on that aspect ..the question is will they benefit from their excellent property position or not? That is an important question obviously. I also agree with you on FN which I am following and was aware of their low cost. I think too that gold is heading much much higher sooner rather than later which makes the survival of BYG seem the critical factor..sounds like they will survive based on what you said. If I were a shareholder I would want to know their current cash position. I was for a long time an avid shareholder of AKA but sold out at .55 - .60 when the orebody seemed to taper off. However this whole complex still has interesting long term possibilities if one can figure the best and most importantly the safest way to play ones hand. Thanks again.
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