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Gold/Mining/Energy : ARP - V Argentina Gold
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To: Enigma who wrote (650)10/26/1998 2:03:00 PM
From: waldo  Read Replies (2) of 3282
 
E, I just spoke to IR and Sophia says that ABX does not have a further interest agreement in place. Again, the Lundin's are very good negotiators, and the NEM financing is not perceived by management as being aggressive, which fits in with what you said. Soooooo, what you have here are two companies that are seriously interested (thnx for the info on their other amicable arrangement) in this play. The only way they can increase their interest is by buying in the open market and future equity financing if needed.

The Lundin's are capable of raising large amounts of capital if needed. Clearly, they come from a position of power. :>)

Holes # 83 /#84 and #85 will come out early next week.

W
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