ARP - V Argentina Gold Message Board

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Gold/Mining/Energy : ARP - V Argentina Gold

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To: John BOYCE who wrote (2948)	2/23/1999 2:50:00 PM
From: mick	Read Replies (1) of 3282

I was thinking it might hit $ 3.3, but it appears that it is going to stabilize at $ 4. I got in at $ 5.4 when it appeared ABX was going to be serious, but jumped out when it looked like everything was going to fall flat - with the intention of buying back in latter this year. I can't see this puppy moving though. There are so many good stocks that have been beaten up - its a buyers market. IMO, ABX will wait out ARP and let them spend the money to increase the reserve. No one is going to bid against ABX unless there is something so incredibly outstanding, that they can't afford not to chase it. I am in no doubt that ABX will offer something higher. I just question when. Cheers

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