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

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To: MARK R. BLACK who wrote (1722)5/30/1998 11:26:00 PM
From: Big Dog  Read Replies (1) of 4142
 
OK, we will do this one more time. First, now that the world knows that DF-144 is for real and we have the major oil companies connection MIDL has no way to go but up.

The warrants are the best buy because they are undervalued and will trail the common. Even if you but warrants up to 1.00 i don't see a downside. You can exercise you warrants any time you like and they will convert into tradable common stock in two days.

You buy warrants for 1.00 and MIDL common is 3.00 (witch by the way is not very far away) You exercise the warrants for .50 and for 1.50 you have 3.00 common stock.

I have 120,000 warrants. I have requested 100,000 be exercised. On Monday I will buy 100,000 more up to 1.00

Buy the warrants, exercise them, hold them for later. You will make money.

BIG DOG
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