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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Ga Bard who wrote (83)5/22/1998 9:47:00 AM
From: bill  Read Replies (1) of 4142
 
Subject: Arcon Energy (MIDL Presently) The Ultimate
Sleeper
To: Gr8Karnac
From: Ga Bard
May 22 1998 7:50AM EST
Reply #87 of 105

You know the figures are astounding at the potential here. HOwever you need to
understand Exxon is testing that which has been tested by other major gas corporations
and have in turn ordered the product. They could not supply it because the plant in
Kentucky they were operating had to be shit down because the Generator had a
possible explosion possibility. SInce that the plant has been completely redesign and is
now from my understanding passed all requirement of OSHA and so forth.

Now the key here is the 50% dividend on stock they could have sold in private
placement to institutional investors. The drop in the warrant price which will reduce the
amount of money the company gets on the warrants. There is a reason for that.

WHY are they not worried about capital needed to built the plants?

NOw unless there is more this release than I can see that one question has not been
answered yet.

GB
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