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Gold/Mining/Energy : ARP - V Argentina Gold
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To: LaFayette555 who wrote (2636)2/8/1999 11:32:00 PM
From: Tom Cat  Read Replies (1) of 3282
 
Francois,
I am keeping my position, ARP has 6 (yes six) drills on site to prove Barrick they are worth more....My guess is that, ABX will have to pay fair value if they want to get this one. This is one, I will not loose sleep on.
The only concern here is that due to the location of the property, it would be costly to put a new mine, whereas ABX already have the stuff there. Prefeasibility should clear this up, but if ABX gets this , you'll bet , we will never know the real size of Veladero et al
TC
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