SI
SI
discoversearch

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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marcos who wrote (2460)1/31/1999 11:02:00 PM
From: Claude Cormier  Read Replies (1) of 3282
 
<<188mil Cdn?! >>

Well that is US$40/ounces...and these are not yet in the proven category. At the moment, many mining companies sell for less than that.

IOW, the bid is right for what is known so far. But I would agree to say that it gives very little to future potential...especially to the possibility that the grade could be much higher. IMO, the results of the remaining of DDA1 and DDA2 may change Barrick current attitude... but additional holes on the east flank of Amable will not make a big change until they step out a lot more to the east.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext