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Gold/Mining/Energy : ARP - V Argentina Gold

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To: Enigma who wrote (2751)2/15/1999 2:46:00 PM
From: russet  Read Replies (2) of 3282
 
Hi DoubleD and Andy:

When you guys can't cut down the geology, or bash the company, or pretend that only another buyout will raise the stock price, you bring up the past. I bet on the future. You can focus on the past if you like, I'll still talk to you. Andy, I agree Winspear has a good future, forget the charts.

Back to ARP. Roads and supplies for Veladero currently come from San Juan, Argentina (5 hour drive). The Chile/Argentina mining treaty, currently in the last stages of negotiation, give rights to any company to take advantage of any infrastructure changes on either side of the border. All roads and power going to Pascua, must be shared by any/all companies in the area and vice versa. ARP has procured water rights for Veladero and their other properties in the area. The Argentine government is planning new gas pipelines and power lines to the area.

Current maps and charts on the ARP website do not reflect much of this springs works. You are way behind if you rely on them. If you want the new and much improved ones, phone the company and ask for them. They have been too busy fending off a shark, and working the site, to get everything updated.

An analyst has done a mine development cost analysis. Call Sophia and ask her for the details.

russett
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