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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Nov 14 9:30 AM EST

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To: VBroady who wrote (3895)11/4/1998 6:33:00 AM
From: Mr Metals  Read Replies (1) of 5908
 
Argentina Gold Corp -
Globe says Yorkton's Leishman calls results very robust
Argentina Gold Corp ARP
Shares issued 33,113,389 1998-10-29 close $3.47
Friday Oct 30 1998

The Globe and Mail reports in its Friday edition that shares of Argentina Gold rose $1.07 to $3.47 on the Vancouver Stock Exchange on Thursday. Enthusiastic reaction to drill results from a Latin American gold play sent Argentina's stock soaring on Thursday as speculators sensed a rare trading opportunity. The Vancouver-based junior, owned 12 per cent by Swiss-based promoter Adolf Lundin, is exploring along the fabled El Indio gold belt in Argentina's Andes mountains with partner Barrick Gold. Partial results from the 560,000-hectare Veladero gold concession ignited the stock. Speculators were reacting to drill results from a single drill hole, which returned an 111-metre rock intersection containing an average of 2.78 grams of gold and 23.12 grams of silver per tonne. Yorkton Securities analyst Doug Leishman says the grades and distribution of mineralization in the drill core look very robust.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

MM

P.S Remember that the grades and distribution of mineralization in the drill core is what the markets like.
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