ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: marcos who wrote (1305)	11/23/1998 8:10:00 PM
From: Elizabeth Andrews	Read Replies (1) of 3282

The info on Barrick on the Sedar site is not that informative. Check the EDGAR site and read the Barrick 10Q etc. I don't believe that even Barrick thinks Pascua is economic at current prices but I could be wrong. The grade is less than 2 grams and it's mainly sulfide material. Barrick has said the project may cost US$825 million. Even if it costs US$150 per ounce to produce the pay back is still nearly 7 years. Unlike Barrick?

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