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Re: Archangel post# 1158

Saturday, 06/23/2001 7:53:32 PM

Saturday, June 23, 2001 7:53:32 PM

Post# of 8009
LOL, the good news just keeps coming in Arch for ABRG. Agree with your analysis on the TA's looking good. Got a feeling though that when the run starts we are going to forget about TA and FA for a short while. I've been reconsidering what Cowboy had to say in his last post. He brought up some very interesting possibilities, the sale of Beaufort Sea project, this could be big, real big. The price of gold is expected to increase in the near term, since Ambra holds claim on two gold mines that have been proven to contain gold, well that's just another possibility. There haven't been any calculations done to figure what the gold mines are worth, but there have been on the BSP property. The Beaufort Sea property is estimated to worth as much as 250 billion over the life of the well. With my own calculations that would give ABRG a book value of about $10.40 a share, that's an awesome thought!

muel <ggg>