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Gold/Mining/Energy : ARP - V Argentina Gold
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To: Bill Jackson who wrote (2813)2/18/1999 8:29:00 PM
From: whiskeyjack  Read Replies (2) of 3282
 
I don't check in here very often so my apologies if this
has been discussed. Is there a connection to CEO being
tossed because the lack of ARP control screws up Barrick's
hedge strategy? Seems a bit harsh to get rid of your main
man over a smaller (for now) deposit, especially with
Sutton deal in the wings. Unless ARP and resulting economies
of scale of Pascua impact the degree of the hedge rollover,
a billion dollar mistake. Could this help inflate POG?
Thoughts anyone?
Cheers, wj
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