ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: james flannigan who wrote (2261)	1/28/1999 10:06:00 AM
From: Claude Cormier	Read Replies (1) of 3282

<<Dont sell your shares,remember Barrick paid 1 billion for 7 million 0z in the Arequipia deposit. >> Keep in mind that ARP only has 3M onces for its 60% interest and gold prices are now $100 lower. So nobody can't say that a $5-$6 offer for their stock isn't fair at this point in time. Potential is not worth a lot until it is proven... I'd say that ARP's best hope in the short term is the core drilling. If the theory of much higher grades is subtantiate by other DD drill holes....then Barrick will likely have to move its offer higher.

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