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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (7225)	11/4/1997 1:55:00 PM
From: Larry Novenstern	Read Replies (4) \| Respond to of 9164

I'm new to this thread but have held stock in Arakis for almost a year. The news release you posted concerned me. Will this hurt the company since any U.S. sanctions sound terrible? Since this is a Canadian company does this type of U.S. intervention matter? Or, does it actually help since the threat of terrorism may be reduced?

To: Tommaso who wrote (7225)	11/4/1997 3:14:00 PM
From: Marantz	Read Replies (1) \| Respond to of 9164

<< President Bill Clinton on Monday signed an executive order under the International Emergency Powers Act... State Department spokesman James Rubin said the administration hoped its pre-emptive move would make it unnecessary for Congress to legislate sanctions >> The only silver lining that I can see here is that the president imposed these sanctions on his own authority. When he is ready to, he will be able to drop the sanctions without having to jump through any congressional hoops. But when will he be ready to drop the sanctions? What will it take to satisfy him? Marantz