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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$ -- Ignore unavailable to you. Want to Upgrade?

To: SDR-SI who wrote (2645)4/1/1999 10:24:00 AM
From: Arktic  Read Replies (2) | Respond to of 3156
 
I think this is good news. The $1.50 scenario with a reverse split may attract a whole new round of short sellers. The data is obvious about what happens after such a split. Good judgement on the part of management but this alone won't save ABACAN from the drain it has been circling. A "deal" of some sort needs to be struck.

Paul L. Craig


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