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

To: g.w. barnard who wrote (7595)1/9/1998 5:09:00 PM
From: Marantz  Read Replies (1) | Respond to of 9164
 
WASHINGTON -- A group including Sands Petroleum
AB lifted its stake in Arakis Energy Corp. (AKSEF) to
11%.

In a filing Friday with the Securities and Exchange
Commission, the group said it bought 1 million common
shares between Nov. 13 and Nov. 15 at prices ranging
from $2.69 to $3.68 a share, and now has 9.62 million
shares of the Canadian company.

Sands is no better at picking the bottom than I am.
Marantz


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