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Gold/Mining/Energy : ARP - V Argentina Gold

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To: michellan who wrote (2947)2/23/1999 2:30:00 PM
From: John BOYCE  Read Replies (4) of 3282
 
price firming up and volume increasing,keep the fingers crossed.
You need nerves of steel and faith in management to stay in this play but if some more good holes come in to build up the reserve estimate, the price will do okay. I bought high and didn't sell, I have spoken to Sophia at ARP and I think they know what they are doing. I still think there will be another bid from someone, and it wouldn't surprise me if it comes from Barrick. Get new people involved and I think something can be worked out, they want the property and we are sitting at 5.5 million ounces and hopefully counting, so after seeing the Sutton bid, I think ARP shareholderes will eventually come out winners, IMO. Good luck to all John B.
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