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Gold/Mining/Energy : ARP - V Argentina Gold

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To: E. Charters who wrote (1956)1/17/1999 4:47:00 PM
From: Zardoz  Read Replies (1) of 3282
 
>I think the Barrick offer says: "it is worth at least this.. now let's get it before the price goes up."

If Barrick really wanted it, they would've issued the hostile takeover at $2.00-$3.00 range, and then bought {they haven't bought: they're still below 10%????} up to $5.00 range. BUT sometime along the line they may have changed their plan. I don't see the extension as being anything more then a fail safe plan. At anytime after the extension, ABX could sell without notice... They still own less then 10%????
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