Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John A. Paul who wrote (7562)	1/3/1998 12:12:00 PM
From: Jack Clarke	Respond to of 9164

John: I guess I'm a lurker (somehow that sounds sinister). I did well with AKSEF in the past. Bought it at 3, sold half at 16 on the way up to 25, sold the other half at 15 on the way back down to wherever it is now. So I guess I'm just watching for clues about when it might be a buy again. I don't pretend to understand all the things that are going on in the Sudan, or where the price will go from here. Perphaps it's a compelling value play now. I'm hoping you guys will figure it out. Sorry I can't contribute more, or for wasting your posting space. But you asked. Jack

To: John A. Paul who wrote (7562)	1/3/1998 6:32:00 PM
From: Jim Lamb	Read Replies (1) \| Respond to of 9164

John, here is my prediction,FWIW I welcome others. Short term I don't know, I felt this stock should not have broken the 3$ mark, 2 3/4 at the very lowest.When it broke those levels I felt there was a unknown bombshell waiting out there that we were not privy to. But for 1998, which is the make it or break it year for Aksef it will hit 1/8 or over 10. It drops to 1/8 if sudan project is a bust i/e, govt. overthrow and aksef thrown out, the bombshell as mentioned above, etc. etc.. Or what I beleive will happen, the project moves forward and pipeline construction starts. I disagree with some who feel that the pipeline will need to be near completion or oil flowing before this stock moves,we just need some pipe laid to get things going. Show me 100 miles of pipe and aksef will be > 10 on momentum alone. 1998 will tell it all. Zeev very impresive about cover of that magazine, the only place my picture has been publicized is at the post office. Jim