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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Ptaskmaster who wrote (2288)1/28/1999 3:55:00 PM
From: Claude Cormier  Read Replies (1) of 3282
 
<<Do investors have weeks? What are the risks to minority shareholders who do not tender to ABX, if Barrick is successful in getting 50.1% of the outstanding shares? >>

The risk is small....but they may nor get $5. I don't see any reason why the stock would tumble if your scenario materializes. In this eventuality, and given the new numbers on Veladero, Barrick may want more than control.. they may want 100%. It would then extend the offer.

The big question...Will Barrick win.

CC
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