ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Mr. Oil who wrote (2047)	1/20/1999 10:12:00 PM
From: Enigma	Read Replies (2) of 3282

Rthe R - I think you've got it backwards - $10 means that Barrick is paying up front for literally hundreds of holes not drilled, and they then have to pay for the hundreds of holes themselves. They pay $5 or thereabouts and assume the risk of future drilling, which may or may not prove up a resource worth $5, less than $5, or more than $5. They're not in this game just for kicks dd

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