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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Mr. Oil who wrote (2549)2/5/1999 9:26:00 AM
From: tanoose  Read Replies (1) of 3282
 
Hello Ray;

Both of your posts were excellent, and I agree with them to a degee??

I don't believe you mentioned it, but as Claude said where is the competing bid, we all know this is what it will take to push the price higher??

This where I have a problem with some of the analogy's here on this thread:

We don't have a competing bid, because they are waiting to prove up more resources??

vis a vis

Barrick has to offer more because they have proved up more than when they originally offered??

Are these not contradictory statements??

My contention is there is enough information available to have brought on a competing bid............ so I still wonder why not??

I believe also that ABX should be paying more,and I have to make that point before the dogs come barking.

I mentioned to you in PM, this sticks in my mind??

The trading seems to be supporting it, I'm afraid

With regards,Frank
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