ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

ARP 31.81

+2.0%

Nov 10 3:57 PM EST

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To: russet who wrote (2679)	2/9/1999 12:19:00 PM
From: Zardoz	Read Replies (4) of 3282

"what can be said of Barricks after this deal has callapsed." As one who loves to short ABX, and follow ABX like a religion {too much time on my hands today}. I'd say that they hit the price right on the head. Even considering all the drill results released after the last few weeks; ARP never found a way to progress beyond the $5.00 mark; except for when ABX upped the bid. What will happen is that speculators will gather up the stock, get 40% or so, and then walk over to ABX and do a back room deal {sign a lockup}. I will state again, that I own no shares of ARP, but love to follow ABX actions. I think that since the price of ARP doesn't refelct the reserves predicted, that a true problem is here. Don't see the natives as having any say in anything... they'd be lucky when ABX builds anything there. I'd rather have ABX in charge.

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