ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: John Fairchild who wrote (1370)	11/27/1998 8:36:00 PM
From: Leigh McBain	Read Replies (1) of 3282

John, the one thing to keep in mind is that speculation is just that, speculation, taking a chance on that undeveloped potential. You can not always plot a direct correlation, between the value of potential and the value of the known commodity. As the drilling is filled in and there are more low grade zones identified this project moves towards becoming that known commodity and the speculation of a high grade (read highly profitable) project diminishes. This doesn't mean that this can't be economic, it's just that it is now being defined more as a large low-grade deposit, than as a high-grade one. Conversely the many yet to be discovered properties, still retain their "speculative potential". Just some thoughts. Salut, Leigh McBain

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