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 Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: john smith who wrote (1410)10/24/1996 5:52:00 PM
From: Richard Mazzarella of 9164
 
John, they sure did. I couldn't resist selling my Novs at the peak, a triple on that investment of just a couple of days ago. This sure feels like something is happening, but my buddy Danny said that the charts were saying a shot at $6.40. What do charts know about JVs anyway? I am not sure that Novs will pay so I dumped. However I will hold the Jans and Aprs for the "big one". Should the price of Novs fall <$3/8, I may buy them again just in case. Mark is a TA par excellence. Maybe he will comment on the action. Welcome back Mark.
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