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


To: the Chief who wrote (566)10/23/1998 2:22:00 PM
From: waldo  Read Replies (1) | Respond to of 3282
 
The World According to ARP

Just got off the phone with Sophia...no NR till monday morning at the earliest. The large buyer at 82 seems to be filled for now. Dominick picked up a cool 100,000 at 2.50. Other than that it is the usual local houses flippin,clippin,chippin and dippin. Enjoy your weekend!

W



To: the Chief who wrote (566)10/23/1998 2:41:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 3282
 
<<Very few companies will announce inferred or indicated without first establishing a "proven">>

I have to disagree here, mon ami. Most juniors will first announce a drill indicated resources first ..Geomaque at Vueltas DEl rio, Minefinders at Dolores, Cumberland at Meliadine.....and so on..
Proven comes only at feasibility.

On grab samples...

All depends...Let say you cut a road some 300 meters long...and sample along the cut at each 3 meters and come out with an average of 2g/t. You get a pretty good clue that there is something continuous there. All is missing is to go down deep with drilling.

CC