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Gold/Mining/Energy : ARP - V Argentina Gold
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To: marcos who wrote (1548)12/9/1998 5:44:00 PM
From: Enigma  Read Replies (1) of 3282
 
Marcos - well their timing has been sharp and now they have about the same equity position as NEM. ARP having turned down $5,50 in the negotiations have to keep on truckin' and drillin' and getting results. Can't believe, though, that NEM don't have a battle plan as from past history Barrick was bound to move if the results were good.
Also from postings here it is apparent that ARP have a huge and important (to ABX especially) land position. Like you, I too have only a small position, but, as my wife says 'it's better than a poke in the eye with a sharp stick' E
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