ARP - V Argentina Gold Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARP - V Argentina Gold

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: the Chief who wrote (451)	10/23/1998 4:16:00 AM
From: Jason Ellis	Read Replies (2) of 3282

Wrong. Here is the numeral analysis: At the Filo Federico region: Au= approx. 2.4 million ounce Silver = 75 million ounce remaining value of the region converts to gold equiv. 4 million Also, at the Annabelle region Au = 4 million ounce Silver=125 million ounce remaining resources converts to gold equiv. 6.6 million Grand Total 10.5 million ounce If Gold is only US$25 10.5 million @ US$25 @ ARP 60% ownership= US$157.5 million Since ARP trades in VSE and is in CDN dollars, at the poor CDN exchange today of 1.5962, we have: Total= CDN$251.4 million at 36 million outstanding shares as per what you said: CDN$251.4/36 = CDN $6.98 per share. If you talk to the PR of Newmont, they'll give you the exact same figure, i.e., the official "canon" source.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next