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

To: Ed Pakstas who wrote (627)	10/26/1998 10:33:00 AM
From: waldo	Read Replies (1) \| Respond to of 3282

ABX vs NEM This rivalry has continued since the Carlin days....ABX has 12 million ounces 6 kilometres(Pascua site,Chile) away...they are spending over 26 mil (2/3rds of their annual budget) on the Andean mountain play this year alone. Have you thought how economical it would be for them to truck(from Veladero) the feed to their soon to be built mill (cost of 500 to 800 million)? Now NEM steps into the picture and walla! For this reason, someone might want to pay more than $25.00 per ounce. One mill is cheaper than two. BTW guess who has bought 73,500 shares today? yes 82 again...Yorkton has bought 112,800 but have sold 61500. W