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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: C Bunka who wrote (225)6/11/1998 6:08:00 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 3282
 
Chris,

Glad that you have decided to post as a private investor. That puts us on an equal footing and it means that our interests are identical. Obviously, Robert and I have been the most active posters on the thread and quite frankly, most of our discussion takes place offline, others having shown little inclination to participate.

My bias is much the same as your own. I have been following ARP for about 18 months, ever since I came across one of their updates while scanning the daily news releases for mining stocks.

When you refer to ARP navigating amongst elephant droppings, are you referring solely to the targets at Veladero North, namely Filo Federico, Cerro Pelado, the NW target, Breccia Angostina, and the new SE target, or were you also including some of the other, relatively unexplored areas of the property?

Since you have been following this one for some time, I'm curious what you make of hole 76. This gives me the impression that they have much more clearly defined the targets in this zone, and I think the results from this hole have vastly expanded the potential of this deposit. I also briefly reviewed the 95/96 program last night, and the thing that stood out was that although the holes drilled on the eastern portions of the property encountered only sporadic mineralization, they were widely spaced holes drilled only to a depth of 50-150m. I wonder what further target definition might do for this portion of the property. It's interesting to watch the stock's performance at this point.

Tom