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

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To: sammy levy who wrote (7810)2/19/1998 7:37:00 PM
From: Jim Lamb  Read Replies (1) of 9164
 
The window of opportunity for buying at these levels is closing.
We are rapidly reaching to quote Andy Grove of Intel,"A strategic inflection point" in this companies future.All trading based on technical analysis will soon be put aside in respect to news from the company,1.New oil reserve numbers 2. Financing of our future obligations to the consortium 3.Possible takeover news ,and most importantly at this time and my reason for this post is # 4.Starting the construction of the pipeline, we are evidently within a 1-3 months of actually building this thing. Anybody waiting much longer to try to get in at a better price is taking a risk IMO. If you believe in the potential of this stock don't hesitate much longer. Show me 100 miles of pipe laid and arakis will be at 10 or >.
Disclamer,I have been using these tactics with my wife to try to get her to approve further investment in the aksef money pit and it hasn't worked. Jim
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