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: Lee Griggs who wrote (7658)	1/26/1998 1:42:00 AM
From: Edward M. Zettlemoyer	Read Replies (1) of 9164

Lee, During the Sand Prince Deal which failed there were many more shares outstanding, Arakis didn't have JV partners to share value and interest free financing from the Prince put the frosting on the fairy tale that investors from Wall Street to Main Street ate every last bite of. Right now the final financing figures are critical to determine valuation of Arakis. Price could actually drift down as we wait for this final financing to be completed. As the hunter waits, the duck swims closer. Hoping to buy some sub 2 AKSEF. We have drill results due shortly which I'm sure will stir some discussion and possibly price activity. Long and confident. Ed

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