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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Ron Waller who wrote (704)10/29/1998 2:27:00 AM
From: Elizabeth Andrews  Read Replies (2) of 3282
 
Don't be fooled by this. The ducks walk down with down and get plucked. Let's explore the significance of $5 million investment for Newmont. They have total assets of US$3.5 billion. They have working capital of US$275 million. How can a $5 million investment help this scenario? Are they expecting a 2000 to one return? I warned you about the snooze effect, didn't I? What am I missing?
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