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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 39.71+0.9%12:54 PM EST
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To: Al Cern who wrote (353)2/27/1998 5:37:00 PM
From: Gramps  Read Replies (1) of 444
 
Very interesting Al. A friend of mine was talking to mark Aplas of AKA a week ago and mark mentioned that AKA,ORI and TYG all had around 1.2 million in there bank accounts. There is suppose to be some limited drilling on both AKA and ORI properties, probably about 500000 TO 600000 on each. That would still keep there heads above water for another year or more if they didn't do any more work.

As the agreement between ORI and TYG was that TYG would have to fork over half the costs incurred by ORI; with your info; the question begs to be asked, how will they do it?

As agreements go, if they aren't up to it, then that would be the end of it and ORI would be back on its own, but with still an agreement
with AKA to fund its projects. This scenario would then allow AKA and ORI to negotiate there own deals for joint partnerships, takeovers and the likes. A position I would love to see.

If BYG is dedicated to saving there own hide, and why not, it would be certain they won't be looking at the other companies with any sympathy.

I can see being a bit late with reports but they can only go so far or they will be halted by the exchange pending submissions.
Have a good weekend....Ernie
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