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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: John A. Paul who wrote (7562)1/3/1998 6:32:00 PM
From: Jim Lamb  Read Replies (1) of 9164
 
John, here is my prediction,FWIW
I welcome others.
Short term I don't know, I felt this stock should not have broken the 3$ mark, 2 3/4 at the very lowest.When it broke those levels I felt there was a unknown bombshell waiting out there that we were not privy to. But for 1998, which is the make it or break it year for Aksef it will hit 1/8 or over 10. It drops to 1/8 if sudan project is a bust i/e, govt. overthrow and aksef thrown out, the bombshell as mentioned above, etc. etc.. Or what I beleive will happen, the project moves forward and pipeline construction starts. I disagree with some who feel that the pipeline will need to be near completion or oil flowing before this stock moves,we just need some pipe laid to get things going. Show me 100 miles of pipe and aksef will be > 10 on momentum alone. 1998 will tell it all.
Zeev very impresive about cover of that magazine, the only place my picture has been publicized is at the post office. Jim
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