ARP - V Argentina Gold Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARP - V Argentina Gold

ARP 31.81

+2.0%

Nov 10 3:57 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mick who wrote (2222)	1/26/1999 10:00:00 PM
From: Mr. Oil	Read Replies (2) of 3282

Here is another crack at what I see possibly happening. IF we don't have any new bidders before the expiration of the Barrick bid, Barrick MAY let their offer lapse and try to shake out the nervous investors. Price may slump as folks start to bail thinking that no other bid and a failed attempt by ABX will bring lower prices. This will put you and I to the ultimate test. Do we believe in the potential of this resource and the efforts of ARP management or are we just riding the coat tail for a buy out. This will force you to show your hand folks. Those who sell reveal their interest. For those who firmly believe in the potential of the find, we will be presented with a good buying opportunity. Within a very short time a new offer will come out of the wood work and reward those who have held on. Not necessarily ABX. Another would be more likely to try the lock up bid at higher prices if Barrick is out of the way. Then Barrick will get (mad) figuratively speaking, and buy your pants off. Who cares about those pants anyway! The question is will Barrick want to risk everything in order to nail down a lower price? If I were a betting man, and I guess I am cause I invest in the juniors, I would say Barrick will not let this resource slip from their hands. It is just toooo valuable. Especially to them! You will have to be long, firm gutted and immensely resolved to get the true value of this resource. These are hard times for the metals and it will take standing up to a lot of pressure if you are to be successful. If Barrick wants to lock up the bids and have them tendered now, I can't imagine how it will happen now under $10.00. More results like the last dd assays and even that will be shaky! It is time for a little sober reflection folks. Time is running out on the Barrick bid. The conference call tomorrow will likely make a few more believers. I am beginning to see a full house of aces in the hand so I say 'be prepared to hold if you are going to win'. Disclaimer: These are just my thoughts...take them for what they are worth remembering I make lots of mistakes all the time and often make another one trying to correct the first one. Ray

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next