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

To: Abner Hosmer who wrote (233)	6/18/1998 11:50:00 PM
From: C Bunka	Respond to of 3282

Too bad it never comes easy... Of today's 185,500 volume I counted Canaccord on the buy for 153,500 and on the sell for 42,500. Don't know what significance this has. I didn't think the stock would weaken much on poor results since these holes are all outside the original target area - nothing really to lose. I was, however, glad to see the grade increasing at depth in hole 73. This was typical of several holes - they are going to have to go deeper next year. We are still waiting for 75 which is an important hole if it can help to link up last year's NW target with Filo Federico. The bottoms of 74 and 78 will be of mild interest if they show decent grade. Obviously there isn't really any news left to generate this year - unless 75 is outrageously good. I'm going to try to spend some time with the company soon in order to get a feel for their plans re; financing, schedule; and drill plans for next year. I think your take on Del Carmen is on the button. Maybe there is a surprise here for us somewhere but I've heard nothing. I don't know what I'll do over the next few weeks, but I know I want to own this one in time for the next drill season.