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Gold/Mining/Energy : ARP - V Argentina Gold
ARP 31.62-1.3%3:54 PM EST

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To: Silver Super Bull who wrote (2743)2/15/1999 8:52:00 AM
From: Enigma  Read Replies (1) of 3282
 
Why would Barrick make an offer in the 'near future'? For one thing they are appointing a new CEO - the last one having lost his job presumably over the botched offer. IMO Barrick will watch to see what the next round of drilling brings - they're paying 40% of the cost of this - and will wait till the end of drilling at the end of April, and decide what to do in the off season.

All bets will be off in the unlikely event of a counter offer.

dd
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