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

To: E. Charters who wrote (836)	10/30/1998 11:33:00 AM
From: Robert	Read Replies (1) \| Respond to of 3282

Hi Eric, I estimated crudely at 5M oz, and gave a premium to the stock that placed it at $4-5 Canadian at the most. I suspect there are novice invetsors here looking for a big kill. It's hard to convince people that the easy money has been made. I bought ARP last Winter following the shut down of their drilling. The grades then were good too. It was your newsletter that prompted my attention of ARP, although the FP did an article on Argentinian juniors more than a couple of years ago. Some of us have seen all of this before. It's exactly when the optimism builds to a frenzy that share prices collapse. Hell, if this was 3 years ago, this thing could be $15-20 by now....R