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Gold/Mining/Energy : ARP - V Argentina Gold

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To: chummer who wrote (2253)1/27/1999 6:02:00 PM
From: mick   of 3282
 
Conference Call - Potential 20 M Oz Property

Very interesting (though hard to understand at times). What struck me was near the end when they mentioned that less than 30 % of the area has been explored. The caller suggested that the potential resource could therefore be in excess of 20 M Oz to which management didn't refute.

Also said that Amable is a stand alone mine (no need for Pascau - the implied suggestion was that Pacau needs ARP more than ARP needs Pascau).

It sounded like there are more interested bids though they wouldn't give the numbers. May only be 3, but suggested more.

Don't sell your stock for less than $ 20.
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