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

To: The Fix who wrote (658)	10/27/1998 12:20:00 AM
From: trevor holaday	Respond to of 3282

"OFF TOPIC" Another company to watch for in Argentina is Golden Peaks Resources Ltd. (GL.V). They have just announced a drill program to start. They also have a "major" as a partner by the name of "Mitsubishi" out of Tokyo. Very interesting results in the last years drill program and a large land position. Check out their website at www.goldenpeaks.com.

To: The Fix who wrote (658)	10/27/1998 12:59:00 AM
From: Gord Bolton	Respond to of 3282

Hey there Fix -- you may be south for the winter but summer is just beginning in Argentina. ARP have two more holes completed that are currently being assayed. They are currently drilling another. And they have 6000 meters of drilling scheduled. Perhaps more to determine exactly how many million ounces are there. We should look forward to a steady stream of reports starting with the two cores which are currently being assayed. I believe that they have found only one perimeter so far. It should remain interesting for all who are more than mildly curious. In my view it will be ARP and WSP neck and neck for much of the "winter". With a good possiblity of an increase in POG this winter, I would not recommend shorting a company who have just proved up 2.4 million ounces and are currently drilling very promising satalites. There may even be a nugget close by.